Motorola stock takes beating
Dec 10 2004 - 01:28 PM ET | Rumor
Mobile Market Watch
Motorola stock took a beating after the proposed
Sprint/Nextel merger rumor hit the wires yesterday (just after market closing, during afterhours trading). Stock in the company (Ticker:
NXTL) -
Down .17%
* Sprint (
FON) -
Down .58%
* Qualcomm (
QCOM) -
Down .3%
* Verizon (
VZ) -
Down .97% (Ed. note: Verizon Wireless would be in a close race for the #2 largest carrier title with the new Sprint/Nextel company.)
Update: Story updated to reflect market closing prices and quote from Motorola's quarterly SEC statement.
