Business

Comcast Stock Slides After Warning on Slowing Subscriber Growth

blank

Cable large Comcast Corp. stated it was experiencing a slowdown in its cable enterprise after surging progress within the early levels of the coronavirus pandemic, a warning that triggered a slide within the firm’s inventory value.

Comcast Chief Monetary Officer Mike Cavanagh stated Tuesday that subscriber additions for Comcast’s cable enterprise—which consists of the Xfinity-branded broadband, pay-TV, landline and cell phone models—slowed on the finish of final month, and lags behind the identical interval in 2019, earlier than the pandemic.

https://www.wsj.com/articles/comcast-stock-slides-after-warning-on-slowing-subscriber-growth-11631644367?mod=pls_whats_news_us_business_f | Comcast Inventory Slides After Warning on Slowing Subscriber Progress

Apktada

Fry Electronics is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@fry-electronics.com. The content will be deleted within 24 hours.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

ten + 5 =

Back to top button