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Cable Stocks Fall After Charter Loses Subscribers

Por: MarketWatch Business February 02, 2024

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Altice USA shares slipped more than 8% to $2.27. Altice stock is down nearly 58% over the past 12 months. Shares of Charter dropped more than 11%, leading the sector lower. Charter said it lost 61,000 internet customers in the fourth quarter, with nearly all of the decline from residential customers. Analysts had expected the company to add 6,000 internet customers. Chief Financial Officer Jessica Fischer had warned in December that the company... + full article



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