Why Comcast Stock Just Crashed 5%

why comcast stock just crashed 5

Sumary of Why Comcast Stock Just Crashed 5%:

  • What happened Don’t look now, but shares of cable TV and internet-giant Comcast Corporation (NASDAQ:CMCSA) just shorted out, crashing 5.4% through 11:15 a.
  • So what Speaking at an investor conference this morning, Cavanagh revealed that Comcast is looking to “trend in line for third quarter net adds with historical averages for third quarter, but .
  • com added that Comcast’s customer additions slowed “a little bit” when Covid outbreaks “interrupted traditional patterns of customers moving and returning to school” in August.
  • Investment bank KeyBanc says Cavanagh’s comments are a “modest negative” for Comcast.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close