Sprint Corp (NYSE:S) stock had been heading down since the beginning of the year, rolling 18.20% up to July 30. In contrast, the latest earnings release points to an upswing in the stock in the last month.
Sprint Corp logo Sprint Corp (NYSE:S) was downgraded by research analysts at Vetr from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports.
The ongoing price war in the US wireless industry just got fiercer. Sprint Corp. (NYSE:S) recently announced that it will offer free wireless service for a year, to all DirecTV customers who sign up for its service.
Softbank Group Corp has filled a SC 13D/A form regarding Sprint Corp 5.05 -0.14 -2.70% . 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 (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.