AT&T has crashed as Americans can't afford to pay their phone bills. Peers Verizon and T-Mobile were also affected by this, which sent their shares lower despite second-quarter results that exceeded expectations.
AT&T's stock price dropped on Thursday after CEO John Stankey claimed that customers were beginning to put off paying their phone bills. As a result, the cellular provider reduced its forecast for free cash flow this year by $2 billion, according to Bloomberg.
The com...
