Sprint Nextel Corp (S): Today's Featured Technology Loser
The
sector closed the day up 1.7%.
(
),
(
),
(
), and
(
) were all decliners today within the technology sector with
(
) being today's featured technology loser. Sprint Nextel fell 19 cents (-7%) to $2.51 on average volume. Throughout the day, 118 million shares of Sprint Nextel exchanged hands as compared to its average daily volume of 79.4 million shares.
Sprint Nextel Corporation, through its subsidiaries, offers wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. Sprint Nextel has a market cap of $8.1 billion and is part of the
industry. Shares are down 36.2% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Sprint Nextel as a
. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and deteriorating net income.
- You can view the full Sprint Nextel Ratings Report.
On the positive front,
Helios & Matheson Information Technology In
(
),
Helios & Matheson Information Technology In
(
HMNYD
),
(
), and
(
) were all gainers within the technology sector with
International Business Machines
(
) being today's featured technology sector winner.
- Use our technology section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
(
) while those bearish on the technology sector could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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