Shares of T-Mobile US Inc. (TMUS) were halted early in the extended session Monday due to Nasdaq requiring additional information from the company. The reasons behind the request were not immediately clear. Shares of T-Mobile ended the regular Monday session up 0.7% and so far this year the stock has gained 35%, which contrasts with losses of 7% for the Dow Jones Industrial Average and compares with gains around 0.3% for the S&P 500 index . T-Mobile is expected to report second-quarter earnings next week; analysts polled by FactSet call for adjusted earnings of $1.18 a share on sales of $692 million, compared with sales of $1.75 billion in the year-ago quarter. Rival Verizon Communications Inc. (VZ)on Friday reported better-than-expected earnings. ( )
-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
July 27, 2020 16:18 ET (20:18 GMT)
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