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CMCSA Comcast Corporation

38.90
0.21 (0.54%)
Pre Market
Last Updated: 10:33:12
Delayed by 15 minutes
Share Name Share Symbol Market Type
Comcast Corporation NASDAQ:CMCSA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.21 0.54% 38.90 38.84 38.98 1,181 10:33:12

FuboTV Shares Jump While TV Stocks Drop

01/09/2023 6:41pm

Dow Jones News


Comcast (NASDAQ:CMCSA)
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From May 2023 to May 2024

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By Dean Seal

Shares of FuboTV have been moving higher amid a selloff for shares of media companies with traditional TV channels after Walt Disney blocked channels like ESPN and ABC from Charter Communication's cable system.

The stock was up 13% at $2.65 in midday trading. Shares have gained 52% since the start of the year.

Disney blocked the channels after it and Charter failed to reach an agreement over contract fees.

While shares are falling for Charter, Disney, CNN parent Warner Bros. Discovery, Paramount Global and Comcast, FuboTV and fellow streamer Netflix got a lift, with the latter company's stock up 2.5% higher at $444.44 in midday trading.

FuboTV is a streaming service that allows customers to watch traditional channels, including ESPN and ABC, without a cable subscription.

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

September 01, 2023 13:26 ET (17:26 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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