This is Monday’s market winner and loser.
Shares of Clearwire Corp. (NASDAQ: CLWR) are up 21.98% to $2.83 on trading volume of 59.9 million shares. Softbank Corp. will buy an approximately 70% stake in Sprint Nextel Corp. (NYSE: S), which owns 48% of Clearwire. Before Monday, the 52-week high was $2.64.
Shares of Delcath Systems Inc. (NASDAQ: DCTH) are down 18.66% to $1.70 on trading volume of 2.3 million shares. The company said a drug to help treat liver cancer will receive a standard review by the Food and Drug Administration. The 52-week low is $1.40
Follow him on Twitter: SWeigley
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.