On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc. (NASDAQ: VSNT; $40.57; Market Cap: $5.9 billion) started regular-way trading. VSNT opened at $45.17, made an intraday high of $45.65, and a low of $39.45, before closing at $40.57.
Versant (VSNT) shares fell sharply after they started trading on the Nasdaq exchange Monday, as the company completed its spin-off from Comcast (CMCSA).
Versant Media, which owns cable TV networks as well as digital assets like Fandango and Rotten Tomatoes, goes public Monday following its separation from Comcast. Versant trades under the symbol "VSNT.
The final separation of Comcast and Versant took place after Friday's close, completing a carve out first announced in November 2024.
Comcast is rated a Buy, with shares trading at a discount despite margin expansion and growth in key segments. CMCSA's spinoff of Versant will streamline operations, enabling focused investment in broadband, wireless, Peacock, and theme parks. Theme parks and business services drive EBITDA growth, offsetting stagnation in legacy media and residential video segments.
Comcast (CMCSA) bounced off at 1.0x book value and now trades at a 14% earnings yield. CMCSA's broadband and video headwinds are largely offset by growth in wireless, business customers, and theme parks. Negative sentiment seems to overlook all offsetting positives. TTM free cash flow is at record levels and covers the 4.4% dividend more than threefold. Debt reduction further strengthens the healthy balance sheet.
In the closing of the recent trading day, Comcast (CMCSA) stood at $29.54, denoting a -1.17% move from the preceding trading day.
DIS' streaming turnaround to $1.33 billion profit and record $10 billion Experiences income highlight why DIS may offer stronger upside than CMCSA.
Comcast (CMCSA) stock could be a wise investment at this time. Why? Because it offers high margins – indicative of its pricing power and ability to generate cash – at a discounted price.
Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The latest trading day saw Comcast (CMCSA) settling at $30.32, representing a +1.98% change from its previous close.
Comcast (CMCSA) experienced a solid increase of +5.4% on Tuesday, closing at $29.73. The rally appears to be driven by reports that pointed to significant trading activity in Comcast's swaps and over-the-counter options.