Comcast Stock Slides After Warning on Slowing Subscriber Growth


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. | Comcast Inventory Slides After Warning on Slowing Subscriber Progress


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