T-Mobile shares experienced a significant decline of 6.2% during trading, which was the largest drop since June 2023. This decline occurred while the company was participating in a conference hosted by UBS, where the CEO's remarks raised concerns among investors.
During the presentation, the CEO mentioned that the fourth quarter is "back-end loaded," indicating that a significant portion of anticipated sales and business activities will occur towards the end of the quarter. Additionally, the CEO warned of a "high degree of risk in the second half," suggesting potential challenges that could impact the company's overall performance.