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Stockreport

Comcast's potential cable networks separation will test the appetite for media reconfiguration [CNBC]

Comcast Corporation - Class A (CMCSA)  More Company Research Source: CNBC
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
If Comcast moves forward with the idea, it could kick off a broader media reconfiguration of cable assets. Cable networks still account for billions in revenue and profit, but both metrics are declining as millions of Americans have cut the cord in recent years. Comcast is thinking about separating or spinning off NBCUniversal's cable networks. If it moves forward with the idea, it could lay the groundwork for a reconfiguration of the entire American media landscape. The logic for Comcast is fairly straightforward. NBCUniversal's cable networks aren't growing anymore. The company's energy and focus is on promoting Peacock, NBCUniversal's growing (but still money-losing) streaming service. Carving out the cable portfolio could placate Comcast investors by removing declining assets from the balance sheet. Comcast shares gained more than 3% Thursday after the company's third-quarter earnings release and conference call. “We are now exploring whether creating a new well-capital [Read more]

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Stockreport

Comcast's potential cable networks separation will test the appetite for media reconfiguration [CNBC]

Comcast Corporation - Class A  (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
If Comcast moves forward with the idea, it could kick off a broader media reconfiguration of cable assets. Cable networks still account for billions in revenue and profit, but both metrics are declining as millions of Americans have cut the cord in recent years. Comcast is thinking about separating or spinning off NBCUniversal's cable networks. If it moves forward with the idea, it could lay the groundwork for a reconfiguration of the entire American media landscape. The logic for Comcast is fairly straightforward. NBCUniversal's cable networks aren't growing anymore. The company's energy and focus is on promoting Peacock, NBCUniversal's growing (but still money-losing) streaming service. Carving out the cable portfolio could placate Comcast investors by removing declining assets from the balance sheet. Comcast shares gained more than 3% Thursday after the company's third-quarter earnings release and conference call. “We are now exploring whether creating a new well-capital [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CMCSA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS