Sprint Corp logo Sprint Corp (NYSE:S) major shareholder Group Corp Softbank acquired 16,795,982 shares of Sprint Corp stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average cost of $4.89 per share, with a total ...
Sprint Corp (NYSE:S) stock traded up 10.05% at $4.6 in the premarket trading today, following the news, the telecom announced its latest offering related Apple Inc.'s (NASDAQ:AAPL) smartphone, dubbed as “iPhone Forever.
Sprint (NYSE:S) recently delivered strong profits in the first quarter in spite of soft sales. Best of all, the telecom added 675,000 net new subscribers in the quarter, a marked improvement from losing 220,000 customers in the year-ago quarter.
Sprint (NYSE: S) released results for the first quarter of fiscal year 2016 before the opening bell on Tuesday. The telecom fell short of Wall Street's revenue estimates but delivered EBITDA profits 16% above analyst estimates.