Straight Path Communications Inc (STRP)

179.56
AMEX : Technology
Prev Close 179.56
Day Low/High 0.00 / 0.00
52 Wk Low/High 15.06 / 235.88
Avg Volume 458.10K
Exchange AMEX
Shares Outstanding 12.74M
Market Cap 2.29B
EPS -0.70
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

Globalstar Stock Surges on Reports It Could Be Up for Sale

Globalstar Stock Surges on Reports It Could Be Up for Sale

Interest in the satellite communications company has grown following the bidding war that erupted over Straight Path, which also owned wireless spectrum.

Eight Surprising Things You Probably Didn't Know About Straight Path Communications

Eight Surprising Things You Probably Didn't Know About Straight Path Communications

The company that Verizon just agreed to pay $3.1 billion for has a sum total of nine employees.

This Company With Nine Employees Just Sold For Over Three Billion

This Company With Nine Employees Just Sold For Over Three Billion

A lot of money for not a lot of overhead.

Verizon's $3.1 Billion Straight Path Deal Highlights 5G's Disruptive Broadband Potential

Verizon's $3.1 Billion Straight Path Deal Highlights 5G's Disruptive Broadband Potential

With 5G services set to make the U.S. broaband market more competitive in a couple of years, Verizon appears interested in covering its flank, and also growing its broadband footprint.

Verizon's $3.1 Billion Straight Path Deal Highlights 5G's Disruptive Broadband Potential

Verizon's $3.1 Billion Straight Path Deal Highlights 5G's Disruptive Broadband Potential

With 5G services set to make the U.S. broaband market more competitive in a couple of years, Verizon appears interested in covering its flank, and also growing its broadband footprint.

Snap, Retailers Sell Off on Earnings Disappointments; Nasdaq on Track to End Record Streak

Snap, Retailers Sell Off on Earnings Disappointments; Nasdaq on Track to End Record Streak

Stocks hold modest losses on Thursday as a selloff in Snap pulls the rest of the tech sector lower, while Macy's leads other retailers lower.

Stock Losses Accelerate as Macy's Leads Retailers Lower and Snap Plunges

Stock Losses Accelerate as Macy's Leads Retailers Lower and Snap Plunges

Stock losses accelerate on Thursday as a disappointing quarter from Macy's spooks the rest of the retail sector.

Verizon Outbids AT&T to Acquire Straight Path Communications

Verizon Outbids AT&T to Acquire Straight Path Communications

Verizon has topped rival AT&T in the $3 billion race to acquire the wireless spectrum holder.

Globalstar Shares Pull Back as Bidding War for Straight Path Ends

Globalstar Shares Pull Back as Bidding War for Straight Path Ends

Companies with niche wireless spectrum holdings are in demand as Verizon, AT&T and others look to speed up their wireless networks. Investors are adjusting expectations Thursday.

Stock Futures Fall as Snap Tanks on Massive Quarterly Loss

Stock Futures Fall as Snap Tanks on Massive Quarterly Loss

Stock futures move lower on Thursday after Snap disappoints in its first earnings report since going public.

Snap Shares Are Pummeled as Company Loses Billions, Misses Revenue

Snap Shares Are Pummeled as Company Loses Billions, Misses Revenue

Snap, parent of the Snapchat messaging company, lost more than $2 billion in its first few months as a publicly traded company.

5 Things You Must Know Before the Market Opens Thursday

5 Things You Must Know Before the Market Opens Thursday

U.S. stock futures decline Thursday as oil prices surge and Wall Street awaits data on the jobs market and wholesale inflation.

Verizon Emerges Ahead of Its Rival AT&T in the Race to Acquire Straight Path Communications

Verizon Emerges Ahead of Its Rival AT&T in the Race to Acquire Straight Path Communications

Verizon beat out AT&T in an unusual bidding war to acquire Straight Path Communications.

Verizon To Enter Into Definitive Agreement To Acquire Straight Path Communications For $184.00 Per Share In All Stock Deal; Straight Path Communications To Terminate Definitive Agreement With AT&T

Verizon To Enter Into Definitive Agreement To Acquire Straight Path Communications For $184.00 Per Share In All Stock Deal; Straight Path Communications To Terminate Definitive Agreement With AT&T

Straight Path Communications Inc. ("Straight Path") (NYSE MKT:STRP) announced that it will sign today a definitive merger agreement under which Verizon Communications Inc.

Stocks Tread Water as Volatility Reaches Lowest Level in 24 Years

Stocks Tread Water as Volatility Reaches Lowest Level in 24 Years

Volatility sinks to its lowest level since Bill Clinton held the Oval Office, making for a listless and lethargic beginning to the new week.

Stocks Lower Again in 'Comfortably Numb' Trading, Volatility at 24-Year Low

Stocks Lower Again in 'Comfortably Numb' Trading, Volatility at 24-Year Low

Stocks are slightly lower again Monday afternoon as volatility hits its lowest level since the early 1990s.

Midday Report: Macron's Win Brings Certainty to Global Markets; U.S. Stocks Fall

Midday Report: Macron's Win Brings Certainty to Global Markets; U.S. Stocks Fall

Stocks creep lower to begin the new week even as Emmanuel Macron's victory in the French election brought certainty to global markets.

Stocks Creep Lower in 'Comfortably Numb' Trading After French Election

Stocks Creep Lower in 'Comfortably Numb' Trading After French Election

Stocks creep lower on Monday after centrist Emmanuel Macron wins the French election, a result that was widely expected.

Straight Path Soars Again on News of Increased Bid From AT&T Rival

Straight Path Soars Again on News of Increased Bid From AT&T Rival

A bidding war for Straight Path's valuable wireless spectrum has led its shares to more than quintuple in the last month.

Stock Futures Dip After Macron Win in French Election

Stock Futures Dip After Macron Win in French Election

Stock futures dip on Monday after centrist Emmanuel Macron claims victory in the French election, a result widely expected.

Straight Path Board Determines That A Revised Offer From A Multi-National Telecommunications Company To Acquire Straight Path For $184.00 Per Share Constitutes A

Straight Path Board Determines That A Revised Offer From A Multi-National Telecommunications Company To Acquire Straight Path For $184.00 Per Share Constitutes A "Superior Proposal"

Straight Path Communications Inc. ("Straight Path") (NYSE MKT:STRP) announced today that the Straight Path Board of Directors (the "Straight Path Board") determined that a revised offer from a multi-national...

Straight Path Stock Rockets as Mystery Suitor Ups Bid to $2.3 Billion

Straight Path Stock Rockets as Mystery Suitor Ups Bid to $2.3 Billion

The unnamed bidder, reportedly Verizon, has increased its offer, according to Straight Path. AT&T now has days to counter.

Straight Path Board Determines That A Revised Offer From A Multi-National Telecommunications Company To Acquire Straight Path For $135.96 Per Share Constitutes A

Straight Path Board Determines That A Revised Offer From A Multi-National Telecommunications Company To Acquire Straight Path For $135.96 Per Share Constitutes A "Superior Proposal"

Straight Path Communications Inc. ("Straight Path") (NYSE MKT:STRP) announced today that the Straight Path Board of Directors (the "Straight Path Board") determined that a revised offer from a multi-national...

Why Dish Might Want to Serve Up a Wireless Deal With T-Mobile and Amazon

Why Dish Might Want to Serve Up a Wireless Deal With T-Mobile and Amazon

Satellite TV mogul Charlie Ergen will discuss the strategic outlook in wireless during Dish's first-quarter earnings call Monday.

Expect Telecom M&A Talks to Get Loud as FCC Quiet Period Comes to a Close

Expect Telecom M&A Talks to Get Loud as FCC Quiet Period Comes to a Close

As of 6pm Thursday, Comcast, Dish, T-Mobile, AT&T, Verizon and others can resume strategic talks.

AT&T CEO Contrasts Tougher Wireless Competition, Softer Touch from Washington

AT&T CEO Contrasts Tougher Wireless Competition, Softer Touch from Washington

AT&T boss Randall Stephenson talks about the Time Warner and Straight Path deals, Trump tax policy and wireless subscriber losses during the company's earnings call.