Clearwire (CLWR -7.8%) isn't sharing in today's rally, as Merrill Lynch downgrades the troubled...

|By:, SA News Editor

Clearwire (CLWR -7.8%) isn't sharing in today's rally, as Merrill Lynch downgrades the troubled carrier to Underperform and sets a $0.50 PT (that's no typo). Doubting partner Sprint (S) will come to the company's rescue, Merrill is skeptical Clearwire will get the financing it needs, and thinks it could run out of cash by mid-2012. (previously)