Sprint (S) Slumps as Birds Swarm High-Tech Towers
Tweet
Share
E-mail
Get Alerts S Hot Sheet
Join SI Premium – FREE
Sprint (NYSE: S) is lower Tuesday as its network expansion plans appear to be nesting. Literally.
According to the WSJ, the uber high-tech, next generation wireless towers Sprint is rigging is a favored spot for the osprey, which Wikipedia says is a diurnal, fish-eating bird of prey. Clicking further, we find that, "diurnality is a plant or animal behavior characterized by activity during the day and sleeping at night."
So, an osprey is the opposite of a teenager.
We digress. Sprint's towers, which stand tall and have flat tops, are nirvana to the osprey, which favor "high perches with a clear approach," the WSJ noted.
Here's the fun fact: osprey nests can be large enough to support a person and weigh up to half a ton.
Also, ospreys are stubborn, meaning that unless a nest is bagged up and driven miles away before being dumped out, the birds will just build another one.
Ospreys are not an endangered species, so moving nests isn't breaking any federal laws.
Shares of Sprint are down 0.9 percent Tuesday.
According to the WSJ, the uber high-tech, next generation wireless towers Sprint is rigging is a favored spot for the osprey, which Wikipedia says is a diurnal, fish-eating bird of prey. Clicking further, we find that, "diurnality is a plant or animal behavior characterized by activity during the day and sleeping at night."
So, an osprey is the opposite of a teenager.
We digress. Sprint's towers, which stand tall and have flat tops, are nirvana to the osprey, which favor "high perches with a clear approach," the WSJ noted.
Here's the fun fact: osprey nests can be large enough to support a person and weigh up to half a ton.
Also, ospreys are stubborn, meaning that unless a nest is bagged up and driven miles away before being dumped out, the birds will just build another one.
Ospreys are not an endangered species, so moving nests isn't breaking any federal laws.
Shares of Sprint are down 0.9 percent Tuesday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Barclays sees a compelling investment case for this EU utility stock
- Buy this major AI chip stock on a pullback: Jefferies
- Pullback in this energy stock presents attractive entry point
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
