T-Mobile Stock Hits A Rut; M&A Prospects On Hold

By | December 4, 2015

Scalper1 News

T-Mobile US’ (TMUS) stock has hit a rough patch amid a furious Q4 and holiday season wireless marketing battle, as its M&A prospects seem to be on hold until a 2016 spectrum auction — and possibly the presidential election — are concluded. The Uncarrier-branded wireless firm continues to unleash promotions targeting Sprint (S) and AT&T (T). Cowen & Co. on Friday lowered its price target on T-Mobile stock, citing in part higher SG&A (selling, Scalper1 News

Scalper1 News