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Los Angelas, CA -- (SBWIRE) -- 10/12/2012 -- Sprint Nextel Co (NYSE:S) is +0.72 - +14.29% from the previous close of $5.04. It traded between $5.50 - 6.04 with total traded volume of 516977024 shares. Keep a close eye on S, as the stock has been showing unusual moves over the past weeks. At Current market price, S has recovered +174.29% from its 52-week Low of 2.10 and has Pulled back -4.64% from its 52-week high of 6.04. Sprint Nextel Corp. (NYSE:S) confirmed media reports that it is in talks with Softbank regarding a potential substantial investment by the Japanese mobile carrier in the U.S.-based telecom company. The deal is worth more than 1 trillion yen ($12.8 billion) Reuters reported, citing source with direct knowledge of the matter. Softbank agreed earlier this month to acquire smaller local rival eAccess Ltd. for $1.84 billion to strengthen the infrastructure of its Long-Term Evolution, or LTE, network.
Should Investor Buy Or Sell This Stock Right Now: CHECK HERE
Shares of Bank of America C (NYSE:BAC) are trading at $9.34 and is +6.00% from its 50-day Moving Average price of $8.8117 and +14.97% from its 200-day Moving Average price of $8.1236. The average trading volume is 134170000 shares and its market capitalization is $100.7B. Bank of America Corporation (BAC) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.2%. By the end of trading, Bank of America Corporation rose 13 cents (1.4%) to $9.34 on average volume. TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow.
What's The Next Target Of BAC : FIND HERE
Clearwire Corpora (NasdaqNM:CLWR) is very active today and traded between $1.60 - 2.26 with total traded volume of 170351840 shares. At a current price of 2.22, CLWR is +0.92 - +70.77% from the previous close of $1.30. Moreover, At Current Market Price, CLWR is in distance of +43.81% from its 50-day Moving Average price of $1.5437 and +52.91% from its 200-day Moving Average price of $1.4519. Clearwire Corporation (CLWR) is a leading provider of 4G wireless services. The company which is headquartered in Bellevue, Washington is a builder and operator of high-speed internet broadband services. The company is a subsidiary of Sprint HoldCo LLC and has over 10 million subscribers. Shares of Clearwire Corporation (NASDAQ:CLWR) were up sharply (36%) today in the first two hours of trading amid unusually heavy trading volume (Over 50 million shares). The share price of $1.77 is the highest since August.
Can CLWR Extend Rally? Get A Free Analyst Report
Riverbed Technolo (NasdaqNM:RVBD) is +0.44 - +2.03% from the previous close of $21.66. It traded between $21.82 - 22.71 with total traded volume of 4184893 shares. Keep a close eye on RVBD, as the stock has been showing unusual moves over the past weeks. At Current market price,RVBD has recovered +66.17% from its 52-week Low of 13.30 and has Pulled back -28.08% from its 52-week high of 30.73. Riverbed Technology Inc (NASDAQ:RVBD) surged up 2.63% to $22.24.The Company is introducing hardware appliance models and software enhancements to its Riverbed Steelhead product family. Riverbed said the performance delivered by the new releases better enables global enterprises to consolidate and scale their IT from the data center and the branch to mobile workers, and to realize the benefits of modern data center transformation.
Should Investor Hold RVBD For The Target Of $ 30.00 : Get Free Analyst Report
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