AT&T, Mattel, and Hertz Fall to 52-Week Lows Amid Market Pressures Last Week

According to StockTwits, on Thursday (July 3), shares of AT&T Inc. (T), Mattel Inc. (MAT), and Hertz Global Holdings Inc. (HTZ) slumped to 52-week lows last week.

T stock fell more than 9% for the week, hitting $19.89, after reports that SpaceX was in talks with Charter Communications to launch a direct-to-consumer mobile offering through Starlink. The shares closed Thursday up 0.49%. MAT stock fell nearly 3% as the toy maker faced weak consumer spending and posted first-quarter results below expectations. HTZ declined 3.6% amid rising vehicle depreciation costs and weakness in the used-car market, with the company slashing its second-quarter earnings forecast.