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Company News For May 21, 2019

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  • Shares of Sprint Corp. (S - Free Report) jumped 18.8%  after FCC chairman Ajit Pai supported its proposed $26.5 billion merger deal with T-Mobile US Inc. (TMUS - Free Report)
  • Shares of Legg Mason Inc. (LM - Free Report) 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 - Free Report) shares climbed 3.8% after satellite-TV operator DISH Network Corp. (DISH - Free Report) decided to acquire parts of the businesses of the former for $800 million
  • Shares of Alphabet Inc. (GOOGL - Free Report) plunged  2.1% after the company revoked Huawei’s operating license for its Android phones

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