Why Sprint (S) Stock Is Down Today

NEW YORK (TheStreet) -- Sprint  (S) fell Friday amid reports that the telecommunications company's acquisition of T-Mobile  (TMUS) could face significant regulatory roadblocks and possibly fall apart.

The Wall Street Journal reported that any attempt by Sprint to acquire T-Mobile would face hurdles from both the Department of Justice and the Federal Communications Commission. This could increase the chances that the merger could be delayed or even blocked entirely.

The stock was down 1.5% to $8.89 at 10:20 a.m.

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S Price Chart

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