Mint shares fall 10.18% after-hours as Ryan Reynolds-backed Mint Mobile sold to T-Mobile for $1.35B.

Mint fell 10.18% in after-hours trading following the announcement that Ryan Reynolds and other owners of Mint Mobile sold the prepaid wireless brand to T-Mobile for $1.35 billion. The deal, structured as a combination of cash and stock, marks a strategic exit for Mint Mobile’s founders, with Reynolds retaining a creative role and key executives staying onboard. While the acquisition typically signals a positive catalyst, the sharp decline suggests market skepticism about the transaction’s valuation or post-merger integration risks. Other news events, including Trump-Brazil trade discussions, auto sector updates, and GOVMINT’s commemorative coin partnership, were deemed irrelevant to Mint’s price movement.