Why Did Sprint Stock Stumble?

Ten attorney generals from US states on Tuesday are expected to file a lawsuit to block the merger between T-Mobile and Sprint.
The $146 billion merger between T-Mobile and Sprint will reportedly face another hurdle.
The lawsuit will be filed in the the Southern District of New York.
The proposed merger would combine the country’s third- and fourth-largest wireless carriers.
Sprint shares are down more than 5% following the report.