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Telecommunication stocks like Verizon (VZ), AT&T (T), and T-Mobile (TMUS) are trading lower after Morgan Stanley analysts released a sector outlook saying that while there is over $2 billion of growth in the wireless market, it is expected to decelerate over time. The analysts also downgraded Comcast (CMCSA) to Equal Weight.
Market Domination Hosts Julie Hyman and Josh Lipton break down what investors need to know.
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This post was written by Naomi Buchanan.