Dow Jones (DJIA) Today: AT&T (T) Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer..

The Dow Jones Industrial Average ( ^DJI) is trading down 186.0 points (-1%) at 18,046 as of Tuesday, May 26, 2015, 11:36 a.m. ET. During this time, 122 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 360.1 million. The NYSE advances/declines ratio sits at 553 issues advancing vs. 2,447 declining with 144 unchanged.
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Holding back the Dow today is AT&T (NYSE: T), which is lagging the broader Dow index with a 23-cent decline (-0.7%) bringing the stock to $34.48. This single loss is lowering the Dow Jones Industrial Average by 1.74 points or roughly accounting for 0.9% of the Dow's overall loss. Volume for AT&T currently sits at 13 million shares traded vs. an average daily trading volume of 28.1 million shares.

AT&T has a market cap of $180.25 billion and is part of the technology sector and telecommunications industry. Shares are up 3.3% year-to-date as of Friday's close. The stock's dividend yield sits at 5.4%.

AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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