NEW YORK (TheStreet) -- Major U.S. telecommunications companies suffered another rocky day on Wall Street Tuesday, as AT&T (T) - Get AT&T Inc. Report, Verizon Communications (VZ) - Get Verizon Communications Inc. Report and Sprint (S) - Get SENTINELONE, INC. Report lost ground for a second day.
AT&T, the fourth most actively traded stock on the New York Stock Exchange Tuesday, lost another 1.76% of its value after falling by 3.03% on Monday. Its stock closed at $31.80, a decline of 57 cents. More than 48 million AT&T shares traded hands Tuesday.
The company's stock reached its most recent high of $36.18 on June 25. AT&T stock closed at $33.59 on Dec. 31, 2014.
Shares of Verizon declined by 2.77% Tuesday following a drop of 2.95% the day earlier. Verizon stock finished the day at $43.50, a loss of $1.24 a share. More than 26 million shares traded hands. The company's shares closed at $50.55 on April 28 and were trading at $46.78 at the end of 2014.
Sprint nearly had a flat day on Wall Street, but its stock declined by just 0.22%, closing at $4.60, a loss of 1 penny a share. Sprint's stock dropped by 2.12% on Monday. A total of 29 million shares traded hands Tuesday.
Sprint was trading at $5.30 a share at the end of April. The stock finished 2014 at $4.15.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.