Comcast Stock Plunges

Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'
Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Peacock had 36 million subscribers during the most recent quarter, up year over year but flat from the prior period.
Comcast Loses Broadband Customers, but ‘Wicked’ Movie Helps Power Growth
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” but broadband customer numbers fell. Comcast lost 139,000 broadband customers in the quarter,
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
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.
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
Wall Street rebounds as tech stocks rally; Comcast plunges, Grayscale unveils Bitcoin Miners ETF
US stocks climbed on Thursday in a choppy trading session as Wall Street weighed earnings from major tech giants and digested ...
CMCSA Earnings: Comcast Stock Plummets Despite Q4 Beats
Comcast (CMCSA) stock plummeted on Thursday despite the entertainment company posting strong earnings beats in its Q4 report. That starts with ...
Peacock Lost $372 Million in the Final Quarter of 2024
Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...
Wall Street Lunch: GDP Falls Short Of Consensus
In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which ...
Comcast (NASDAQ:CMCSA) Ultra-Low-Lag Internet Proves Little Help
For communications titan Comcast (CMCSA), the earnings news overshadowed just about everything else. Recent word about a whole new kind of ...
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
Dow closes more than 150 points higher in volatile session after slew of earnings reports: Live updates
Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its ...