Sprint Shares Drop After Results Fall Short Of Street View
Sprint Corp. shares fell in the extended session Monday after the telecom's quarterly results fell short of expectations. Sprint shares declined 6.5% to $5.80 on heavy volume. Sprint reported a fiscal fourth-quarter loss of 19 cents a share on revenue of $8.49 billion. Analysts surveyed by FactSet expected a loss of 11 cents a share on revenue of $8.76 billion.
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