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Clearwire (CLWR) Shares Tumble Into Close; Moody's Cut Rating to Caa2 Earlier, Should Not Be Affecting Stock Now

October 14, 2011 3:21 PM EDT
Moody's cut its rating on Clearwire (Nasdaq: CLWR) from Caa3 to Caa2 earlier, however this would not justify the drop over the last few minutes.

Not hearing any company-specific news.

Clearwire shares were halted down 3 percent.


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