Mobile Stocks

Discussion in 'Stocks' started by arncap, Jun 2, 2023.

  1. arncap

    arncap

    What's going on with all the mobile company stocks today? Why are they tanking?
     
  2. Snuskpelle

    Snuskpelle

    Not terribly interested in this so I will just leave it here for you to continue your search: A note today for a certain Swedish mobile co claims the drop is because Amazon is planning to offer mobile subscriptions associated with their Prime service.
     
  3. ph1l

    ph1l

    https://www.wsj.com/livecoverage/st...ght-offer-mobile-service-qEiHWgtr3GN9ID8Ckgye
     
  4. arncap

    arncap

    You guys beat me to it, thanks. I eventually saw some articles on this. The big question is whether this will simply be a short-term bearish situation and if telecom stocks will rebound quickly or not.
     
  5. mervyn

    mervyn

    What’s up with this Google Fi thing? Never understood who runs the signal. Amazon is probably doing the same thing.