Wireless Stocks in News: Sprint Corporation (NYSE:S), AT&T (NYSE:T), Leap Wireless International (NASDAQ:LEAP), Vodafone Group Plc (NASDAQ:VOD)

Posted by on Mar 07, 2014

Sprint Corporation (NYSE:S) CMO Jeffrey Hallock sold 59,157 shares of Sprint stock on the open market in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $8.54, for a total transaction of $505,200.78. Following the completion of the sale, the chief marketing officer now directly owns 112,480 shares of the company’s stock, valued at approximately $960,579. Sprint Corporation (NYSE:S) stock opened at $9.16 in last session, and closed at $8.88, while the day range of Sprint Corporation (NYSE:S) stock is $8.74 – $9.25. The stock showed a positive weekly performance of 2.66%.

AT&T Inc. (NYSE:T) has invested more than $725 million in its best-in-class wireless and wired networks in San Diego between 2011 through 2013, driving a wide range of upgrades to enhance speed, reliability, coverage and performance for residents and business customers . AT&T Inc. (NYSE:T) stock opened at $32.15 in last session, and closed at $32.34 by gaining 0.65%. The 52 week range of $31.74 – $39.00. Company’s market capitalization is $170.30 billion.

Leap Wireless International (NASDAQ:LEAP) saw some unusual options trading on Monday. Investors bought 6,678 put options on the stock, Stock Ratings Network reports. This is an increase of approximately 499% compared to the typical daily volume of 1,114 put options. Leap Wireless International, Inc. (NASDAQ:LEAP) stock decreased -0.45% and finished the last session at $17.52. The EPS of the stock remained -6.89. Company’s market capitalization is $1.37 billion.

Fitch Ratings has taken a negative outlook on Vodafone Group plc (ADR) (NASDAQ:VOD) long-term prospect while maintaining an A- issuer default rating, which is an investment grade rating of the credit rating firm. Vodafone Group Plc (ADR) (NASDAQ:VOD) stock opened the session at $41.21, and closed the session at $41.09. The 52 week range of the Vodafone Group Plc (ADR) (NASDAQ:VOD) stock remained $40.31 – $72.55 and the day range was $41.00 – $41.43.

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