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Sprint +2.8% intraday on announcement SoftBank Group plans $50B U.S. investment

Dec. 06, 2016 2:35 PM ETSprint Corporation (S) StockTMUS, SFTBY, SBy: Eric McCaffrey, SA News Editor163 Comments
  • SoftBank Group has apparently pledged the figure in addition to 50,000 jobs within the country.
  • Sprint (NYSE:S) [83% owned by SoftBank Group], trading negative for the majority of the day, has moved sharply into positive territory on the development, while SoftBank (OTCPK:SFTBY) shares are steadily elevating as well to 1.9% gains.
  • N.B. T-Mobile (TMUS +2.2%)

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