Sprint-Nextel (S) shares are up 17 cents, or almost 7%, at $2.77, and hit a high of $2.85 earlier, on no apparent news. Apparently, it may have something to do with a meeting by the company’s CFO this morning with a sell-side shop and some investors.
Shares of partner Clearwire (CLWR) are down a penny or half a percent, at $2.19.
One source on the Street tells me there’s some important positive news for the stock that could result, but this source was not able to go into detail immediately.
So, stay tuned.
Fin
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