TELUS is trading at CA$10.95, down -4.24%, amid telecom-sector pressure following SpaceX’s deal to acquire a nationwide U.S. spectrum portfolio.
- Reuters reported telecom stocks fell on October 9 following the deal, including several major carriers.
- Coverage flagged Canadian telecom shares, including TELUS, as potentially facing selling pressure.
- No clear TELUS-specific announcement explaining the decline was found.