Cable Stocks

A new streaming platform is coming to consumers’ televisions and comes from a well-known media and a well-known cable company. What Happened: A joint venture was announced Wednesday between Charter Communications Inc (NASDAQ: CHTR) and Comcast Corp (NASDAQ: CMCSA). The companies will launch a...

Starry announced a SPAC merger with FirstMark Horizon Acquisition Corp (NYSE: FMAC) valuing the company at a pro forma enterprise value of $1.66 billion. The company announced 75% of sponsor-held shares are subject to performance-based earn-outs. PIPE investors include Fidelity Management, Tiger...

Cable stocks warrant a premium valuation, as the sector is a better business than wireless, KeyBanc Capital Markets said in an industrywide report. The Analyst KeyBanc's Brandon Nispel and Maddie Schrage initiated coverage of the following stocks: Altice USA Inc (NYSE: ATUS): Overweight...

Shares of Charter Communications, Inc. (NASDAQ: CHTR) were trading higher by more than 10 percent ahead of Thursday's market open following a Dow Jones report that suggested the company is seeking a combination with Verizon Communications Inc. (NYSE: VZ). At the same time, shares of Verizon...

Attention cable investors: The 10-year outlook is "bright," at least according to a report by SNL Kagan, an offering of S&P Global Market Intelligence. The research report noted a "slightly improved" outlook for the video segment and "continued upside" for the...

AMC Networks Inc (NASDAQ: AMCX) saw its stock hit a fresh 52-week low of $52.41 on Thursday after the company's second-quarter print came in mixed. AMC earned $1.28 per share on revenue of $685 million, which matched analysts' expectations on the earnings side, while revenue exceeded Wall Street's...