Why T-Mobile Shares Plunged on a Strong Day for the Nasdaq

Shares of T-Mobile (TMUS -3.98%) fell 4.3% on Monday as of 11:37 a.m. ET, a notable decline even as the Nasdaq Composite (^IXIC 1.46%) was up over 1.8% by that time.T-Mobile was a massive winner in 2024, finishing the year up 40% with dividends included. However, with its shares perhaps reflecting the strength of its business and the full synergies from the 2020 Sprint merger, two Wall Street analysts both downgraded shares today. Wells Fargo and RBC move to the sidelinesToday, sell-side analysts at both We ...