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Investor's Business Daily on MSNAT&T Earnings, Revenue Top Estimates. Telecom Stock Falls Amid Big Run-Up.
AT&T fell even though its Q2 earnings and revenue topped estimates and wireless subscriber additions topped views.
Northrop Grumman stock went north to the tune of 9%. Its defense compatriots RTX and Lockheed Martin LMT registered steep losses, a byproduct of weaker earnings reports.
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