In this, shall we say, massively-supported environment, it’s rather stunning that a kingpin like AT&T (T) would still be looking at nearly a 50% loss from its peak (!!!!!!). It all seems quite clear from the arrow that, once the uptrend was broken, there was one last gasp.

It’s always fun to look at the history of logos, although “and Associated Companies” doesn’t exactly roll off the tongue.

By the way, Verizon (VZ) is coming right along for the awful ride:

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