Volume Spike Investor

There has been a monster volume surge in shares of Sprint Nextel Corp. (NYSE: S).  The talk is out that Sprint has decided to cancel its major securities sale.  The firm took a hit with earnings when it said it was going to do a large preferred securities sale and short sellers were very active [...]

Sprint Nextel (NYSE: S) is seeing a surge in trading and price after David Faber reported on CNBC that SK Telecom is in talks to potentially acquire the ailing telecom. Faber was very clear that there are no definite terms signed and that a deal is not imminent and potentially weeks away. As SK Telecom [...]