✉news ScienceSpace first seen 13 h ago, last 42 min ago, peak #19
T-Mobile shares suffer worst day since 2013 after SpaceX deal
Original: T-Mobile stock worst day since 2013 after SpaceX spectrum deal
T-Mobile shares recorded their steepest single-day drop in more than a decade, falling after the announcement of a spectrum deal with SpaceX. Investors reacted negatively to the terms of the arrangement, which gives SpaceX access to wireless spectrum for its satellite connectivity service. Financial outlets including Yahoo Finance and Quartz reported the decline, marking the stock's worst day since 2013.
Why now: Investors are reacting to concerns about the terms and competitive impact of the T-Mobile-SpaceX spectrum deal announced this week.
T-MobileSpaceXYahoo FinanceQuartz
Evidence
- T-Mobile stock worst day since 2013 after SpaceX spectrum deal · Yahoo Finance
- T-Mobile stock worst day since 2013 after SpaceX spectrum deal · Quartz
API: https://socialmediatrends-api.osmike.com/v1/trends/1991585