T-Mobile $TMUS Stock Breaks Below 200 Day Moving Average

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T-Mobile $TMUS stock broke below its 200 day moving average on March 9, 2023. The stock has yet to confirm the break. The stock is in a downtrend channel.

TMobile stock chart on March 9 2023 with a break below the 200 day moving average
TMobile stock chart on March 9, 2023, with a break below the 200 day moving average

T-Mobile is a telecommunications company that provides wireless voice, messaging, and data services to customers in the United States. The company offers a range of wireless plans, including prepaid and postpaid options, as well as devices such as smartphones, tablets, and wearable technology. T-Mobile also offers various perks and benefits to its customers, such as free international roaming, Wi-Fi calling, and Netflix subscriptions. In addition, the company is investing heavily in building out its 5G network, which promises faster speeds and lower latency for its customers.

T-Mobile CEO sells $5.75M in common stock

On March 1, 2023, in a regulatory filing, T-Mobile disclosed that its CEO Michael Sievert sold 40K shares of common stock on February 27, 2023, in a total transaction size of $5.75M.

T-Mobile to Offer New Yellow Color for iPhone 14 and iPhone 14 Plus

On March 7, 2023, T-Mobile said it will offer the new yellow iPhone 14 and iPhone 14 Plus, adding even more color choices to the iPhone 14 lineup with incredible battery life, a powerful dual-camera system for pro-level photos and videos, superfast 5G and groundbreaking safety capabilities including Emergency SOS via satellite and Crash Detection. Customers can pre-order the iPhone 14 and iPhone 14 Plus in yellow beginning Friday, March 10, with availability on Tuesday, March 14.

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