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- Sprint Stock Has Upside to Above $8 In the event T-Mobile and Sprint do close their proposed merger within the next few weeks or months, then Sprint stock has tangible upside to levels well above $8.
finance.yahoo.com/news/why-sprint-stock-even-further-165546797.html
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Jul 30, 2019 · If the deal were to go through today, Sprint stock would be taken out around $8.40. Sprint stock currently trades hands below $8. Thus, there's reason to stay long Sprint stock.
- Luke Lango
This suggests the stock has downside risk of 14.4%. Investors need only bet that the $26.5 billion deal goes through but what Sprint shareholders get depends on where T-Mobile is trading.
Jul 30, 2019 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips After 15 months of lobbying and negotiations, T-Mobile (NASDAQ:TMUS) and Sprint...
Sprint stock has rallied and dropped as traders have speculated on the odds of this merger going through. The federal ruling in favor of the AT&T/Time Warner merger hugely boosts the odds of...
- Big Legal Win Means Big Boost For Sprint Shares
- California Public Utilities Commission
- Bottom Line For Sprint Stock
- More from InvestorPlace
The original deal between T-Mobile and Sprint expired on Nov. 1, 2019. At that time, the merger between the mobile carriers was in limbo. Fourteen state attorneys general — led by New York — had sued to prevent the merger, claiming the deal would end up harming consumers. While the court case dragged on, it was reported that T-Mobile was in talks w...
Besides the need to come to terms on a new deal, the merger still has to get past the California Public Utilities Commission. According to the New York Times, the commission has the power to block the merger, but is more likely to approve it based on conditions. These might include service guarantees and fee freezes for California residents, as wel...
At its current price near $9.50, much of the potential gain may already be priced into Sprint stock. After Sprint’s performance on Feb. 11, Barron’s calculated the stock’s value under the existing deal at approximately $9.75 per share. However, because of the lawsuit filed by the state attorneys general, the deal’s original deadline for completion ...
Feb 11, 2020 · Topline: After a federal judge on Tuesday approved the $26 billion merger between T-Mobile and Sprint, shares of both companies have already surged by 12% and 77%, respectively—with more upside...
Jun 25, 2019 · T-Mobile and Sprint are selling off after their merger announcement, with market players expecting U.S. telecom regulators to deny the hook-up.
