T-Mobile buyback, DocuSign jumps and more: Friday's 5 things to know

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T-Mobile buyback, DocuSign jumps and more: Friday's 5 things to know
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Traders will be watching shares of T-Mobile following the announcement of a $14 billion share buyback. Shares of Smith & Wesson will also be closely watched after a drop in demand.

The stock has jumped 25.3% for the year so far, compared with a 9.7% drop in rival AT&T and Verizon's 20.5% slump.

The Springfield, Massachusetts, company said its profit tumbled from a year earlier in what it described as a "challenging" July fiscal quarter. DocuSign said it had a loss of 22 cents per share. Earnings, adjusted for one-time gains and costs, came to 44 cents per share.

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