“Sprint Stock Soars After Judge Approves Its Merger With T-Mobile”
February 11, 2020
“T-Mobile US and Sprint stocks are soaring after a federal judge gave his stamp of approval to the wireless carriers’ long-pending combination, ruling that the merger wouldn’t lead to less competition and higher prices for consumers in the U.S.
Sprint stock (ticker: S) rose 74%, to about $8.35, while T-Mobile (TMUS) was up roughly 12%, to about $95…”