is it safe to buy the dip? — TradingView News
The BT share price has pulled back in the past few months, undoing some of the gains it made earlier this year. It was trading at 182.40p, down by 16% from its highest point in August this year. This price is still much higher than the year-to-date low of 133p.
BT Group is facing major headwinds
The BT Group stock price has retreated in the past few months as the company has continued facing major headwinds. One of these challenges is in the broadband industry, which analysts expect to keep slowing in the coming years.
In a recent note, a New Street Research report noted that the number of customers paying for fixed-line broadband would drop by 250,000 this year. This forecast was notable for BT since it is the most dominant player in…
