AT&T Outage Cause: Company Shares Update on Major Nationwide Outage

Shares of AT&T (NYSE:T) stock are in recovery mode today after the stock took a big hit yesterday on news of an AT&T outage, which affected as many as 70,000 of the company’s customers. Earlier this morning, T stock moved to within 20 cents of the stock’s close on Wednesday before paring some of these gains this afternoon.Today’s move higher appears to be due in part to clarification from AT&T about the cause of the outage. The company announced the results of its initial investigation into this downtime, s ...