Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday (CJ Haddad/CNBC)
CJ Haddad / CNBC:
Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday — Telecommunications stocks sold off on Friday after Elon Musk's SpaceX announced an agreement to purchase a nationwide spectrum portfolio …