Data Leak Drags AT&T Stock; Put Traders Respond

AT&T Inc (NYSE:T) revealed earlier it suffered a breach that exposed data from 7.6 million current and 65.4 million former account holders to the dark web. The equity is down 2.4% at $17.19 at last check, but a recent floor at the $16.80 region combined with support from the 80-day moving average look ready to contain additional losses. Over the past 12 months, T shed 8.6%.Put volume is already running at 10 times the intraday average today, with 23,000 bearish bets exchanged so far, compared to just 17,000 ...