T-Mobile US quarterly figures depress Deutsche Telekom shares – experts see a bleak future

T-Mobile US quarterly figures depress Deutsche Telekom shares – experts see a bleak future

According to a report by www.finanzen.net,
Deutsche Telekom shares fell on Friday following the quarterly figures from US subsidiary T-Mobile US. In XETRA trading, Deutsche Telekom shares temporarily slipped by 2.09 percent to 22.76 euros. T-Mobile US's outlook still implies solid, double-digit percentage growth expectations, a trader said. However, the shares have now stopped their upward trend since November. The overall mixed quarterly report tends to dampen the mood for T-shares. With the current discount, Deutsche Telekom has now corrected around a quarter of its share price increase between mid-December and the middle of this week. This makes the chart picture somewhat cloudy.

After the quarterly figures from the US subsidiary T-Mobile US, Deutsche Telekom shares fell, which can be attributed to an overall mixed quarterly report. The shares have corrected a quarter of their gain since December. This suggests that the chart picture is becoming somewhat cloudy and further market volatility may be ahead.

Recent developments could indicate that market sentiment for Deutsche Telekom shares is muted and could potentially have a negative impact on the market and the industry. It remains to be seen how the situation will develop further.