Monday, September 20, 2021
HomeBusinessComcast Stock Slides After Warning on Slowing Subscriber Growth

Comcast Stock Slides After Warning on Slowing Subscriber Growth

Cable large Comcast Corp. stated it was experiencing a slowdown in its cable enterprise after surging progress within the early phases of the coronavirus pandemic, a warning that triggered a slide within the firm’s inventory worth.

Comcast finance chief Mike Cavanagh stated Tuesday that subscriber additions for Comcast’s cable enterprise—which consists of the Xfinity-branded broadband, pay-TV, landline and cell phone models—slowed on the finish of final month, and lag behind the identical interval in 2019, earlier than the pandemic.



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