Why AT&T Stock Popped Today

AT&T (T 4.01%) stock jumped 4% through 11:05 a.m. ET Tuesday after outlining its "strategic plan to drive sustainable growth and enhanced shareholder returns" through 2027.Among other revelations, AT&T says it will:Build the nation's largest fiber broadband network, serving more than 50 million customers.Return $40 billion to shareholders through dividend payments and share repurchases over the next three years.Kick-start that effort with a$10 billion share buyback through the end of 2026.AT&T's grand plan ...