Comcast Shares Slide as CFO Warns of Worse Than Expected Broadband Losses
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Comcast Corp. shares slid Wednesday after a top executive suggested that third-quarter broadband subscriber losses may be worse than anticipated.
The comments from the CFO regarding internet pricing were described as 'irrational,' contributing to the decline in stock value.
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“Comcast Corp. shares slid Wednesday after a top executive suggested that third-quarter broadband subscriber losses may be worse than anticipated.”
Bloomberg — Comcast Shares Slide as CFO Sees Internet Prices ‘Irrational’