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Sprint up 3.4% as it introduces plan to upgrade iPhones anytime

Aug. 17, 2015 9:41 AM ETSprint Corporation (S) StockSBy: Jason Aycock, SA News Editor15 Comments
  • Sprint (NYSE:S) is up 3.4% in early going -- making it up 27.9% over the past five days, to its highest point in over a month.
  • As has often been the case lately, the stock is moving on a new promotion, "iPhone Forever" -- allowing new and existing customers to upgrade their iPhones to the most up-to-date model anytime, for $22/month.
  • The company is doing a limited promotion through the end of the year reducing the monthly rate to $15 (until the next upgrade) for upgrade-eligible customers who bring in a smartphone and get a 16GB iPhone 6.
  • The stock's trading at $4.32; it last closed that high on July 6.

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