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✉news ScienceSpace first seen 12 h ago, last 7 h ago, peak #20

T-Mobile stock suffers worst day since 2013 after SpaceX deal

Original: T-Mobile stock worst day since 2013 after SpaceX spectrum deal

T-Mobile shares logged their worst single-day drop since 2013 following news of a spectrum deal involving SpaceX. Investors appeared to react negatively to the arrangement, which involves SpaceX's involvement in wireless spectrum, sending the stock sharply lower and prompting discussion about what the deal means for T-Mobile's competitive position.

Why now: Investors are reacting to the market-moving announcement of the SpaceX spectrum deal and its impact on T-Mobile's stock.

T-MobileSpaceX

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