Softbank Group Corp has filled a SC 13D/A form regarding Sprint Corp 5.18 +0.11 2.27% . Filing Link: 000119312515307266. Per Softbank Group Corp's filing, the filler reported increased stake in the company by 1.46% to 3,298,131,511 shares.
Sprint Corporation continues its nationwide rollout of the innovative Direct 2 You service, which brings wireless sales, consultation and customer service directly to customers virtually whenever and wherever they want − for freei.
Shares of Sprint Corporation (NYSE:S) rose by 10.19% in the past week and 54.01% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 9.19% and the outperformance increases to 62.91% for the last 4 weeks.
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.