Comcast's breakup was 'long overdue,' analyst says as shares surge
Seeking Alpha ·
Comcast's ( CMCSA ) decision to spin off its media businesses sent shares surging as much as 25 percent, marking a dramatic reversal for a company whose stock had remained flat for 14 years. LightShed Partners analyst Rich Greenfield told CNBC the
DYAX Investor Sentiment
Bullish (Long) 54% · Bearish (Short) 46%
478 participants
Related News
- Telecom stocks slip in broad pullback linked to industry shifts at Comcast
- Peacock launches Premium Plus streaming tier on YouTube
- NetEase shares rise after Shanghai Stock Connect inclusion
- Chevron Just Jumped Ahead of ExxonMobil in Capturing This Massive Opportunity
- Palantir and Nvidia partner on AI platform for U.S. government
- Piper Sandler CIO survey finds AI spending ’beyond experimental’