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Market Overview

AT&T Stock Rises After Merger Announcement

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After signing a deal to acquire T-Mobile USA over the weekend, AT&T (NYSE: T) stock has risen $0.66 since the opening of the market this morning. The 2.36% rise shows the public's approval of this deal and anticipation of the merger.

On the opposite end, Sprint Nextel Corp. (NYSE: S) stock dropped as much as 15%.

 

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