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Sprint up 7% as CEO buys 5M shares

Feb. 27, 2015 3:04 PM ETSprint Corporation (S) StockSBy: Jason Aycock, SA News Editor32 Comments
  • Another day, another big move in Sprint (S +7.1%) -- up higher today, on the revelation that CEO Marcelo Claure bought 5M shares on the open market.
  • At an average price of $4.92, the transaction cost about $25M.
  • The stock has seen some volatile days in the wake of its earnings report a few weeks ago.
  • Shares have lost 41% over the past 12 months, but are up 23.1% YTD.

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