|Bid||8.29 x 100|
|Ask||8.34 x 700|
|Day's Range||7.95 - 8.16|
|52 Week Range||4.24 - 9.65|
|PE Ratio (TTM)||-26.44|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Sprint, controlled by Japan's SoftBank Group Corp (9984.T), has entered into a two-month period of exclusive negotiations with Charter and Comcast, while putting its merger talks with T-Mobile US Inc (TMUS.O) on hold till July end, sources told Reuters. Shares of T-Mobile US Inc (TMUS.O) were down 4.5 percent at $60.30, while those of Comcast fell 1.2 percent. Chaplin labeled the move as a "clear" negative for T-Mobile, Verizon Communications Inc (VZ.N) and AT&T Inc (T.N).
Sprint (S) might be eyeing a merger or network-resale agreement with two major U.S. cable companies, Comcast Corp. (CMCSA) and Charter Communications (CHTR).
The S&P 500 Index ticked marginally higher and the Dow Jones Industrial Average improved by 0.1%, but the Nasdaq Composite declined by 0.3%. Alphabet Inc (NASDAQ:GOOGL) is being taken down a notch on the European front, while Sprint Corp (NYSE:S) is in partnership talks and Western Digital Corp (NASDAQ:WDC) is sliding despite some very positive news. GOOGL shares are down solidly Tuesday on news that European Union regulators have hit Alphabet search division Google with a record antitrust fine.