AT&T's stock is seeing its worst day in 8 months as the SpaceX threat comes into focus

By Emily Bary and William Gavin

Investors aren't thinking enough about the risk posed by SpaceX's satellite ambitions, Oppenheimer analyst warns

AT&T has more broadband exposure than its telecommunications peers.

Are investors in traditional telecommunications stocks worrying enough about the threat posed by SpaceX and other companies that are growing their satellite ambitions?

When it comes to AT&T (T), investors may be "underestimating" the disruption potential brought by low-Earth-orbit satellite offerings in the broadband market, according to Oppenheimer's Timothy Horan.