SpaceX boosted its Starlink Mobile service, causing legacy telecom operators to fall: T-Mobile plunged 13%, AT&T and Verizon each dropped 10%. Conversely, cellular tower companies surged: Crown Castle gained 12%, SBA Communications added 6% and American Tower rose almost 8%. Teva Pharmaceutical Industries climbed 6% after the FDA approved Weltruza, its monthly long-acting injectable treatment for schizophrenia in adults. Lumentum jumped about 7% after its CEO announced that the company’s optical components are sold out through 2029.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
