Is Sprint in Trouble?
March 22, 2011 at 11:16 AM EDT
Yesterday, the share price of Sprint Nextel Corp. (S) tumbled 13.61% to $4.36 at the last close in the wake of an announcement that AT&T Inc. (T) will acquire Deutsche Telekom’s unit, T-Mobile USA. This was the worst drop witnessed in last two years. We believe the falling share price faded all positive reactions that [...]
