Reported 1 day ago
Charter Communications, Inc. (NASDAQ:CHTR) saw its stock plummet by 18.49% on Friday, closing at $309.75, as it reported a continued decline in broadband customers—losing 117,000 subscribers in the second quarter. Despite a 5.7% year-on-year increase in net income to $1.3 billion due to lower interest expenses, overall revenues remained flat at $13.7 billion for the quarter.
Source: YAHOO