Macquarie Downgrades Sprint to Neutral On the Heels of Dish Lapsed Bid
June 19, 2013 at 11:29 AM EDT
Sprint (NYSE: S ) shares opened at $7.08 Wednesday morning, down over 3 percent from Tuesday's close, as investors in the name are responding to news DISH (NASDAQ: DISH ) let Sprint's bid deadline pass. Macquarie's Kevin Smithen reacted to the news this morning, downgrading Sprint from Outperform to
