T-Mobile Stock Plummets 6.2% Following Remarks at UBS Conference

T-Mobile shares experienced a significant intraday decline, falling by up to 6.2%, marking the largest drop since June 2023. This sharp decline occurred during the company's participation in a conference organized by UBS. The company's CEO emphasized in the presentation that the fourth quarter is "back-end loaded," indicating that a considerable portion of the expected revenue and business activities is concentrated towards the end of the quarter. Additionally, he noted that there is "a lot of risk in the second half of the quarter," signaling potential challenges that could impact the company's performance.