S - Sprint Corporation

NYSE - NYSE Delayed Price. Currency in USD
7.10
+0.09 (+1.28%)
At close: 4:01PM EDT

7.09 -0.01 (-0.14%)
After hours: 7:44PM EDT

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Previous Close7.01
Open7.03
Bid7.12 x 43500
Ask7.15 x 34100
Day's Range6.99 - 7.14
52 Week Range5.28 - 7.90
Volume21,013,043
Avg. Volume22,763,882
Market Cap29.045B
Beta (3Y Monthly)0.34
PE Ratio (TTM)N/A
EPS (TTM)-0.48
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2007-12-05
1y Target Est6.27
Trade prices are not sourced from all markets
  • ACCESSWIRE5 hours ago

    4-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sprint Corporation and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / June 17, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sprint Corporation ("Sprint" or "the Company") (NYSE: S) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between January 31, 2019 and April 16, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before June 21, 2019.

  • GlobeNewswire6 hours ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sprint Corporation of Class Action Lawsuit and Upcoming Deadline – S

    If you are a shareholder who purchased Sprint securities during the class period, you have until June 21, 2019, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.  To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980.

  • ‘A bad deal is worse than no deal at all,’ analyst says of Dish’s reported interest in Sprint assets
    MarketWatch8 hours ago

    ‘A bad deal is worse than no deal at all,’ analyst says of Dish’s reported interest in Sprint assets

    Dish Network Corp. shares are rising in Monday trading after the company was reported to be the leading bidder for the assets that Sprint Corp. and T-Mobile US Inc. would likely have to sell to score regulatory approval for their pending merger.

  • States to File Antitrust Suit to Block T-Mobile-Sprint Deal
    Bloomberg7 days ago

    States to File Antitrust Suit to Block T-Mobile-Sprint Deal

    (Bloomberg) -- A group of states sued to block T-Mobile US Inc.’s proposed takeover of Sprint Corp. on antitrust grounds, putting pressure on the Justice Department as it nears a final decision on the merger of the two wireless carriers.State attorneys general from nine states and the District of Columbia filed the lawsuit Tuesday in federal court in New York to stop a deal they say will harm competition and raise prices for consumers by at least $4.5 billion a year.“When it comes to corporate power, bigger isn’t always better,” New York Attorney General Letitia James said in a statement. “This is exactly the sort of consumer-harming, job-killing mega-merger our antitrust laws were designed to prevent.”The states’ challenge is a major setback to T-Mobile’s and Sprint’s plan to combine and take on industry leaders AT&T Inc. and Verizon Communications Inc. Last month, the carriers cleared a key hurdle when they won support for their deal from the chairman of the Federal Communications Commission.The all-Democratic attorneys general are taking the rare step of suing to block the $26.5 billion deal while the Justice Department is still reviewing the merger. State enforcers have the authority to go to court to block a merger even if federal officials at the Justice Department and the FCC approve it. Sprint shares dropped 6.4% at 12:15 p.m. in New York trading. T-Mobile fell 1.7%.The spread between T-Mobile’s offer price and Sprint shares is the widest since May 17. It’s a sign that investors are more doubtful that a deal will get done.Sprint and T-Mobile representatives didn’t immediately respond to a request for comment.The case, which was filed under seal, puts pressure on Makan Delrahim, the head of the Justice Department’s antitrust division. He can either side with the states, which say the merger should be blocked, or negotiate a remedy that would allow the deal to proceed. Delrahim doesn’t think a settlement with the FCC goes far enough to resolve competition problems from the deal and is in talks with the companies about additional concessions.What Bloomberg Intelligence Says:T-Mobile getting its proposed $27 billion acquisition of Sprint past regulatory hurdles is no done deal, though the companies have some defenses that stand a chance. The Department of Justice has expressed interest in the competitive potential of 5G technology and a strong competitor to AT&T and Verizon in that area. The outcome depends to a great extent on whether the evidence supports T-Mobile’s assertions about future market dynamics and 5G competition.\--Jennifer Rie, litigation analystClick here to view the pieceThe state attorneys general say that combining T-Mobile and Sprint would eliminate competition between them and lead to higher prices. And in a more consolidated market, AT&T and Verizon would also be able to charge more.“Although T-Mobile and Sprint may be promising faster, better, and cheaper service with this merger, the evidence weighs against it,” said California’s Attorney General Xavier Becerra. “This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices.”In the retail mobile wireless market, not including enterprise accounts, T-Mobile and Sprint would lead AT&T and Verizon in market share, according to the states. In some areas of the country, their market share would be more than 50%, they said. Harm from the tie-up will disproportionately fall on lower-income consumers who are customers of Sprint and T-Mobile’s pre-paid brands, Boost and Metro, they say.Deal InvestigationAccording to people familiar with their thinking, state officials don’t know whether the Justice Department will ultimately approve the deal. They are taking action because after investigating the merger for about a year they determined it violated antitrust laws and they don’t see any reason to wait for the Justice Department to make a decision, the people said.The states’ investigation, led by the chief of New York’s antitrust bureau, Beau Buffier, relied on technical and economic experts, according to one of the people. Their economists are Carl Shapiro of the University of California at Berkeley and Yale University’s Fiona Scott Morton, the person said.The case comes more than a year after T-Mobile and Sprint announced the deal to combine, claiming together they could better compete with Verizon and AT&T while speeding deployment of the next generation of wireless technology known as 5G. Although a previous attempt to merge was frustrated by the Obama administration, T-Mobile and Sprint were betting on a more receptive audience from the Trump officials.The tie-up’s fate now rests with a federal judge, who must decide whether it should be blocked on antitrust grounds. The companies could still reach a settlement before the case goes to trial.If the carriers are stopped from completing the deal, they would be left to their own to compete in a maturing wireless market while financing expensive investments in developing their own 5G networks.‘Supercharge’ T-MobileSprint’s challenges are bigger. Despite becoming profitable last year after a decade of losses, it warned the FCC that without a deal it sees “no obvious path to solve key business challenges.”T-Mobile Chief Executive Office John Legere took the lead on Capitol Hill -- and on social media -- advocating for the deal. He said the transaction would “supercharge” his company, which he made a maverick competitor in the market. The centerpiece of his case was that combining with Sprint would help the U.S. lead in 5G technology, a priority for the Trump administration.That argument was dismissed by opponents of the deal, including consumer groups and the Communications Workers of America, which said the merger would reduce choice, lead to higher wireless bills and cause job losses.Getting a deal with T-Mobile was a long-held plan of Masayoshi Son, the chairman of SoftBank Group Corp., which owns Sprint. In 2014, he came to Washington vowing a price war if he was able to acquire T-Mobile and personally lobbied U.S. officials about a potential tie-up. If the deal goes through, T-Mobile owner Deutsche Telekom will end up with a 42% ownership stake while SoftBank will own 27%.(Updates with statement from James in third paragraph.)\--With assistance from Scott Moritz.To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Erik Larson in New York at elarson4@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Joe Schneider, David GlovinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Big Ticket Mergers Are in Focus
    Zacks13 hours ago

    Big Ticket Mergers Are in Focus

    Big Ticket Mergers Are in Focus

  • "Merger Monday" Returns: Pfizer Buying Array, T-Mobile-Sprint on Ice?
    Zacks13 hours ago

    "Merger Monday" Returns: Pfizer Buying Array, T-Mobile-Sprint on Ice?

    News on two major mergers in their respective industries are taking headlines, along with a fresh regional economic read.

  • ACCESSWIRE13 hours ago

    S, BSX & INVVY - Bronstein, Gewirtz & Grossman, LLC Class Action Upcoming Deadline

    NEW YORK, NY / ACCESSWIRE / June 17, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review ...

  • GlobeNewswire14 hours ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of S, EQBK, CLDR and PYX

    The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • MarketWatch15 hours ago

    Dish's rumored interest in purchasing T-Mobile/Sprint assets isn't 'sensible for anyone involved,' says analyst

    MoffettNathanson analyst Craig Moffett questioned why T-Mobile US Inc. is "still trying so hard" to complete its pending deal for Sprint Corp. , following reports indicating that Dish Network Corp. is the leading bidder to buy assets that the wireless carriers would have to shed for merger approval. "What the deal really boiled down to was two things: spectrum and industry structure," Moffett wrote. "One might then reasonably ask: why would T-Mobile or Deutsche Telekom ever agree to a remedy that forfeits both benefits in order to get the deal done?" He argued that Dish, after hypothetically buying spectrum and the prepaid Boost Mobile business from Sprint, might partner with a company like Amazon.com Inc. to help build up its network. "We're not sure why that deal is sensible for anyone involved," Moffett wrote, given that Dish "already has more spectrum than they know what to do with" and wouldn't see much overlap between its rural satellite TV business and Boost's urban prepaid business. Boost would also face distribution issues. "At the end of the day, a bad deal is worse than no deal at all," Moffett wrote. "And, absent a deal, T-Mobile would seemingly be in a good position to poach an awful lot of Sprint's subscribers... without having to pay for them."

  • Sprint Enables Customers to Track Just About Anything with Tracker + Safe & Found
    PR Newswire18 hours ago

    Sprint Enables Customers to Track Just About Anything with Tracker + Safe & Found

    OVERLAND PARK, Kan., June 17, 2019 /PRNewswire/ -- Sprint (NYSE:S) today announced the availability of Tracker + Safe & Found. Customers can now track just about anything thanks to this small, matchbook-sized device and the Safe & Found app, only available from Sprint. The device can easily attach to vehicles, children's backpacks, pets, bikes, luggage and more to provide real-time location tracking.

  • ACCESSWIRE2 days ago

    HIGHLY RANKED ROSEN LAW FIRM: JUNE 21 DEADLINE In Sprint Corp. Securities Class Action Lawsuit Seeking Recovery of Investor Losses - S

    NEW YORK, NY / ACCESSWIRE / June 16, 2019 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sprint Corporation (NYSE: S) from January 31, 2019 through April 16, ...

  • GlobeNewswire2 days ago

    Sprint Shareholder Litigation: Block & Leviton LLP Encourages Shareholders To Contact The Firm

    BOSTON, June 16, 2019 -- Block & Leviton LLP (www.blockesq.com), a Boston based securities litigation firm representing investors nationwide, reminds shareholders that it.

  • American City Business Journals2 days ago

    Need to know: PSBJ unpacks SLS Seattle, all eyes on Boeing in Paris and a middle market list debuts

    Business Journal Managing Editor Rob Johnson recaps the week in Seattle business news and looks at the week ahead. We call it Business Journal Untucked.

  • GlobeNewswire3 days ago

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Whitestone REIT, Fusion Connect, Nokia, and Sprint and Encourages Investors to Contact the Firm

    NEW YORK, June 14, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Whitestone REIT, Fusion.

  • ACCESSWIRE3 days ago

    DEADLINE NEXT WEEK: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sprint Corporation and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / June 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sprint Corporation ("Sprint" or "the Company") (NYSE: S) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between January 31, 2019 and April 16, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before June 21, 2019.

  • Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets - sources
    Reuters4 days ago

    Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets - sources

    The two U.S. wireless carriers have agreed to sell prepaid brand Boost Mobile to gain regulatory approval for the $26 billion merger. The U.S. Department of Justice has been in discussions with Dish, Altice USA and Charter Communications to purchase wireless assets from the merger to preserve competition in the industry, according to sources familiar with the matter. The Justice Department is expected to decide whether to approve the merger as early as next week, a source has told Reuters.

  • Reuters4 days ago

    UPDATE 1-U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week -source

    The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday. Earlier this week, Dish Network Corp executives met with the Justice Department's antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai as part of the government's review of the deal, which could dramatically reshape the U.S. wireless market.

  • GlobeNewswire4 days ago

    S, BSX & INVVY - Bronstein, Gewirtz & Grossman, LLC Class Action Update

    NEW YORK, June 14, 2019 -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following.

  • U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week - source
    Reuters4 days ago

    U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week - source

    The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday. Earlier this week, Dish Network Corp executives met with the Justice Department's antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai as part of the government's review of the deal, which could dramatically reshape the U.S. wireless market.

  • Best ETFs to Invest in 5G Theme
    Zacks4 days ago

    Best ETFs to Invest in 5G Theme

    5G technology will be a game changer; here are the stocks and ETFs that will benefit most

  • MarketWatch4 days ago

    Dish Network discusses opposition to Sprint-T-Mobile U.S. merger, according to FCC file

    Dish Network Corp. has talked this week with the U.S. Federal Communications Commission about its opposition of the merger of Sprint Corp. and T-Mobile U.S. Inc. , according to a FCC filing. In a letter to FCC Secretary Marlene Dortch, Jeffrey Blum, senior vice president of public policy and government affairs for Dish, summarized a June 11 meeting with the FCC and certain officials of the Department of Justice's antitrust division. "During the meeting, Dish discussed its opposition to the proposed merger of Sprint and T-Mobile as currently constructed," Blum wrote. "Consistent with its filings in the above-captioned proceeding, DISH explained the need for a minimum of four nationwide mobile network operators (MNOs). DISH also discussed the impact of the proposed merger on DISH's market entry and its wireless buildout plans." The proposed merger has faced scrutiny since it wasannounced in April 2018. Dish's stock was little changed in midday trading Friday, while shares of both Sprint and T-Mobile slipped 0.2% and the S&P 500 fell 0.3%.

  • ACCESSWIRE4 days ago

    S, BSX & INVVY - Bronstein, Gewirtz & Grossman, LLC Class Action Reminder

    NEW YORK, NY / ACCESSWIRE / June 14, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review ...

  • GlobeNewswire4 days ago

    SHAREHOLDER ALERT: BV S EQBK LTHM: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, June 14, 2019 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.

  • Options Traders Expect Huge Moves in Sprint (S) Stock
    Zacks4 days ago

    Options Traders Expect Huge Moves in Sprint (S) Stock

    Investors need to pay close attention to Sprint (S) stock based on the movements in the options market lately.