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Benzinga
Benzinga
Business
Henry Khederian

Comcast (CMCSA) Stock Slides As Rival's Earnings Stoke Industry-Wide Fears

Comcast CMCSA Charter United States Charter Communications Inc CHTR
Comcast

Comcast Corp (NASDAQ:CMCSA) shares are trading lower fell Friday morning as investors digest a disappointing earnings report from its closest peer, Charter Communications Inc (NASDAQ:CHTR).

What To Know: The results painted a picture of an industry grappling with intense competition and slowing growth, casting a shadow over Comcast’s own upcoming financial release.

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