Charter shares fall as internet customer losses widen
FROM THE WIRE · SEEKINGALPHA.COM
[Cable Giants Cox And Charter Communications Agree To $34.5 Billion Merger] jetcityimage/iStock Editorial via Getty Images Shares of Charter Communications (CHTR [https://seekingalpha.com/symbol/CHTR]) slipped about 7% in the premarket trading on Friday after the cable operator…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWider broadband customer losses weigh on a major cable operator's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Charter shares slipped about 7% in premarket trading on Friday.
- 02The company lost 233,000 internet customers pro forma in the quarter.
- 03The loss a year earlier was 171,000 customers.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets