Comcast (CMCSA) closed at $38.40 in the latest trading session, marking a +1.11% move from the prior day.
In the latest trading session, Comcast (CMCSA) closed at $37.98, marking a -0.63% move from the previous day.
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Comcast Corp CMCSA plans to spin off its cable networks into a new company.
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.