Updated
Updated · MarketWatch · May 8
Charter Communications stock slips 3.36% and underperforms competitors
Updated
Updated · MarketWatch · May 8

Charter Communications stock slips 3.36% and underperforms competitors

10 articles · Updated · MarketWatch · May 8
  • The shares closed at $154.86 on Friday as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average edged up 0.02%.
  • Charter lagged Netflix, down 0.86%, Disney, down 0.59%, and Comcast, down 3.20%, even as broader markets posted gains.
  • The stock finished 64.57% below its 52-week high of $437.06 reached on 16 May, while trading volume of 3.1 million topped its 50-day average of 2.4 million.
As insiders buy into a falling stock, is Charter a hidden bargain or just a classic value trap?
With its stock collapsing, is the $34.5B Cox acquisition a lifeline for Charter or a final, devastating gamble?
Can Charter's multi-billion dollar network upgrade win the war against cheaper wireless and faster fiber internet?