Comcast Corp. Cl A Stock Underperforms Tuesday When Compared To Competitors
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Shares of Comcast Corp. Cl A (CMCSA) slipped 1.14% to $39.74 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
This was the stock's third consecutive day of losses.
Comcast Corp. Cl A closed $4.92 below its 52-week high ($44.66), which the company achieved on May 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Netflix Inc. (NFLX) fell 0.64% to $333.75, Walt Disney Co. (DIS) fell 2.02% to $90.98, and Charter Communications Inc. Cl A (CHTR) fell 2.30% to $335.34.
Trading volume (12.3 M) remained 6.3 million below its 50-day average volume of 18.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 16:46 ET (20:46 GMT)
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