: Following a strong 2016 where the stock surged over 139%, 2017 saw a reversal with prices fluctuating between roughly $5.00 and $9.50 before ending the year down 30%.
: Sentiment among institutional investors was bearish, with Sprint underperforming the broader market during key periods of the year.
: Analysts from The Motley Fool advised against buying, noting that the company was in dire need of a partner it couldn't find. is sprint a good stock to buy 2017
: In late 2017, merger drama peaked without a deal, leading analysts to describe the situation as "grim" and warning that the low share prices were not a "buy" signal but a reflection of deep-seated issues. Expert Consensus at the Time
: Much of the stock's volatility was driven by rumors and subsequent setbacks in merger talks with T-Mobile. : Following a strong 2016 where the stock
: Despite reporting a one-time quarterly profit in August 2017 (its first in three years), the company consistently missed Wall Street earnings targets throughout the year.
: By March 2017, the company's long-term debt had reached $35.9 billion , up from $29.3 billion the previous year, with operating income insufficient to cover interest payments. The Merger Speculation Trap : In late 2017, merger drama peaked without
In 2017, Sprint was generally considered a for most investors , as the stock fell by approximately 31.19% over the year. While there was speculative interest surrounding a potential merger with T-Mobile, the company's standalone financial health was deteriorating. Performance and Financial Health in 2017