|Bid||8.20 x 500|
|Ask||8.62 x 300|
|Day's Range||8.37 - 8.59|
|52 Week Range||4.83 - 9.65|
|PE Ratio (TTM)||-28.15|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Fans and followers of Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) have seen the company come up with some pretty clever and marketable ideas over the years. As far as cutting-edge science goes, though, Alphabet stock owners haven’t exactly seen that kind of innovation from the company. It wasn’t all that long ago that quantum computing was a mere theory.
A Delaware judge ruled Friday that wireless carrier Clearwire Corp was sold in 2013 for more than twice its fair value, a decision that dealt a stinging loss to the Aurelius Capital Management hedge fund which spent years battling to prove Clearwire was vastly underpriced. Sprint Corp acquired Clearwire in 2013 after a bidding war with Dish Network Corp pushed the price to $5 per share, valuing Clearwire at about $14 billion. After Clearwire shareholders approved the deal, an affiliate of Aurelius that had opposed the Sprint acquisition brought what is known as an appraisal action, asking a judge to determine fair value of the stock.
Summer is the time for huge blockbuster movies, but it’s also looking to be a time for huge mergers and acquisitions in the media industry. Since June, these five deals have been the subject of Wall Street’s ...