AT&T, Hertz, Gap Plunge to 52-Week Lows on Monday; T Falls to $21.28, HTZ to $2.26, GAP to $18.60

According to Stocktwits, three major U.S. stocks fell to 52-week lows on Monday (June 30). AT&T (T) dropped to $21.28 after investors reacted to SpaceX's plans to build a Starlink-branded mobile service and eventually develop its own wireless network using satellite technology. Hertz Global Holdings (HTZ) plunged to a five-year low of $2.26 following the company's announcement of a $350 million offering of exchangeable senior notes, raising investor concerns about share dilution. Gap (GAP) slid to $18.60 amid mounting concerns about weak performance at Old Navy, its largest business segment.
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