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Why Sprint and T-Mobile Shares Plunged On Today's Merger News

Retrieved on: 2018-04-30 01:26:15

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<div>As the two companies confirmed that they really do want to merge, after all, shares of T-Mobile US (NASDAQ:TMUS) and Sprint (NYSE:S) fell on Monday morning. As of 12:15 p.m. EDT, Sprint shares traded 15.2% lower while T-Mobile stubs had lost 7.1% of Friday afternoon's closing value.</div>

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