Telecom ETFs Soar on Windstream REIT Announcement

Shares of the iShares U.S. Telecommunications ETF (NYSEArca: IYZ) are up 4.4% Tuesday on volume that is already close to quadruple the daily average after Windstream Holdings (NasdaqGS: WIN) said it will spin-off its telecom network business into a publicly traded real estate investment trust...