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Comcast stock popped more than 3% premarket before paring gains. Shares closed the trading day up 1.6% to roughly $43. The company said it is looking to complete the spin-off in one year.
Comcast stock was up about 2% in premarket trading, to over $43/share, off its 52-week high of $47.11. In regular trading, Comcast shares closed up 1.6% Wednesday as major market indexes were flat ...
Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance . Show comments
Comcast shareholders will receive stock in the new company in tax-free transactions. ... Wall Street seemed to endorse the spinoff news. Comcast shares gained 1.6% Wednesday to close at $42.99 ...
QVC: Comcast sold its majority stake to Liberty Media in 2003 Speed Channel : joint venture with Cox Communications and Fox Entertainment Group ; Fox acquired Comcast and Cox's stakes in 2001 Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery ) in 2003.
Comcast is creating a new company, ... although that will change — will offer news, entertainment and sports channels reaching about 70 million U.S. homes and have the financial heft to acquire ...
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
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