- Following today's big gains, Sprint (S +8.2%) is up 32% since the WSJ reported on Dec. 13 the carrier and parent SoftBank are weighing a 2014 bid for T-Mobile USA.
- Short-covering could be contributing to Sprint's gains: 12.5% of the carrier's float was shorted as of Dec. 13.
- Shares got a lift yesterday from a Wells Fargo note highlighting the value of Sprint's spectrum, and noting the potential of a T-Mobile deal to product major cost synergies.
- More on Sprint/T-Mobile
From other sites
at CNBC.com (May 12, 2015)
Video at CNBC.com (May 5, 2015)
at CNBC.com (Apr 9, 2015)
Video at CNBC.com (Apr 9, 2015)
at CNBC.com (Jan 5, 2015)
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