Comcast Corp. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Comcast Corp. Cl A (CMCSA) dropped 0.79% to $39.04 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
Comcast Corp. Cl A closed $4.80 below its 52-week high ($43.84), which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Netflix Inc. (NFLX) rose 2.00% to $403.13, Walt Disney Co. (DIS) rose 0.72% to $88.59, and Charter Communications Inc. Cl A (CHTR) rose 0.57% to $328.02.
Trading volume (30.3 M) eclipsed its 50-day average volume of 18.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 16:46 ET (20:46 GMT)
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