Leap Wireless (LEAP +5.3%) and MetroPCS (PCS +3.8%) are part of the sizable list of names (I,...

|By:, SA News Editor

Leap Wireless (LEAP +5.3%) and MetroPCS (PCS +3.8%) are part of the sizable list of names (I, II, III) rallying thanks to the official end to AT&T's (T +1.2%) attempt to acquire T-Mobile. Investors apparently feel the benefits of not having AT&T swallow up a rival outweigh the value that would have been provided by the spectrum sales AT&T planned to make to the discount carriers in order to secure the deal's passage.