|Bid||0.000 x 910400|
|Ask||0.000 x 288200|
|Day's Range||15.015 - 15.725|
|52 Week Range||14.060 - 18.145|
|PE Ratio (TTM)||131.82|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares in Sprint and T-Mobile US climbed Tuesday amid yet another report their stalled merger talks may be inching forward.
Dealmaking talk lifted European telecom stocks on Tuesday, helping the unloved sector stand out in an otherwise quiet session, where investors were waiting for the outcome of a Federal Reserve meeting. The pan-European STOXX 600 index ended flat as traders awaited clues from the Fed about plans to start unwinding its $4.2-trillion portfolio of Treasuries and mortgage-backed securities. "As the FOMC (Federal Open Market Committee) convenes and starts its two-day meeting, markets will probably remain somewhat muted – awaiting tomorrow’s (Wednesday's) decision", Rabobank analysts said in a note.
Deutsche Telekom shares spike on renewed Sprint/T-Mobile merger talk