Charter Shares Drop as Subscriber Losses Weigh in Strong Market
Charter Communications shares lost ground Monday, going against a stronger Wall Street session. Investors stayed cautious on the Spectrum parent after its big selloff earlier this spring on broadband subscriber losses. The stock slipped 0.6% to $143.24 by the afternoon, opening at $143.40 and moving between $141.18 and $145.92. Comcast, seen as its top listed cable rival, added 0.6% to $25.03.