Comcast (CMCSA) reachead $39.71 at the closing of the latest trading day, reflecting a +0.46% change compared to its last close.
Comcast's narrowed broadband subscriber losses in the latest quarter offered some hope, but recent cautious commentary has dragged down cable stocks.
Comcast (CMCSA) shares tumbled roughly 9% intraday Monday after an executive at the conglomerate warned that it expects to lose 100,000 broadband subscribers in the current quarter.
Comcast Corporation (NASDAQ:CMCSA ) UBS Global Media & Communications Conference December 9, 2024 9:45 AM ET Company Participants Dave Watson - President & CEO, Comcast Cable Conference Call Participants John Hodulik - UBS John Hodulik Okay. If everyone can please take their seats, we'll get going with our next speaker.
Comcast is expecting to lose more than 100,000 broadband customers during the fourth quarter, mirroring the first half of the year, Comcast Cable CEO Dave Watson said during a conference Monday. The CEO called the broadband environment "competitively intense," especially for more price conscious customers.
Comcast expects broadband subscriber losses to be a little over 100,000 in the fourth quarter, said Dave Watson, president and CEO of Comcast Cable at the UBS Global Media and Communications conference on Monday.
Zacks.com users have recently been watching Comcast (CMCSA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
They finalized a cable distribution deal in which Warner locks in higher fees for its networks and resolves a legal battle over a new “Harry Potter” TV series.
Warner Bros Discovery signed a multi-year deal with Comcast to distribute its content to Xfinity and Sky UK and Ireland customers using Comcast's linear television, apps, and streaming services, the companies said on Monday.
Comcast (CMCSA) closed at $42.79 in the latest trading session, marking a +0.56% move from the prior day.
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 18.61% since its inception in November 2020.
Comcast (CMCSA) closed the most recent trading day at $43.19, moving +1.48% from the previous trading session.