EdgeWater 11/30/2010 12:10:04 AM
News / Business

Communication Stocks Declined (Sprint, Motorola, Inc., Alcatel-Lucent)

Communication Stocks Declined

Sprint Nextel Corporation (NYSE:S) lost 1.01% to $3.93. The 52-week range of the stock is $3.10-$5.31. The stock is up more than 7% year-to-date.

Sprint Nextel Corporation is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses, government subscribers and resellers.

Motorola, Inc. (NYSE:MOT) fell 1.25% to $7.83. The 52-week range of the stock is $6.04-$8.74.

The stock opened at $7.83 and is trading within the range of $7.81-$7.88. At current market price, the market capitalization of the company stands at $18.40 billion.

Motorola, Inc. provides technologies, products and services for mobile phones. Its portfolio includes wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wireline broadband network products, and end-to-end enterprise mobility products.

Alcatel-Lucent (ADR) (NYSE:ALU) is trading at $2.83, 3.41% lower. The 52-week range of the stock is $2.25-$3.82   .

The stock opened at $2.80 and is trading within the range of $2.79-$2.84. At current market price, the market capitalization of the company stands at $6.42 billion.

Alcatel Lucent provide products, solutions, and transformation services offerings, which enables service providers, enterprises, governments and strategic industries globally to deliver voice, data and video communication services to the consumers.

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