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Company News For May 21, 2019

Zacks Equity Research

  • Shares of Sprint Corp. S jumped 18.8%  after FCC chairman Ajit Pai supported its proposed $26.5 billion merger deal with T-Mobile US Inc. TMUS

  • Shares of Legg Mason Inc. LM increased 1% following news that the company is on the verge of a settlement with Trian Fund Management related to restructuring of its board

  • EchoStar Corp. SATS shares climbed 3.8% after satellite-TV operator DISH Network Corp. DISH decided to acquire parts of the businesses of the former for $800 million

  • Shares of Alphabet Inc. GOOGL plunged  2.1% after the company revoked Huawei’s operating license for its Android phones


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