Charter Stock News

What propelled Charter stock 16% higher after earnings was likely mainly short-covering. The market had certainly expected much worse results, but Charter Communications' attractive fundamentals were nicely on display in Q2. On the other hand, near-term headwinds remain and short-term speculation will likely take over again.

Despite the S&P 500 index repeatedly hitting all-time highs this year, many Wall Street analysts believe the run will continue. CrowdStrike Holdings got a public black eye for causing a global tech meltdown, but its stock price slump likely represents a buying opportunity.

Charter Communications, Inc. (NASDAQ:CHTR ) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Stefan Anninger - Vice President of Investor Relations Chris Winfrey - President and Chief Executive Officer Jessica Fischer - Chief Financial Officer Conference Call Participants Craig Moffett - MoffettNathanson Sebastiano Petti - JP Morgan Jonathan Chaplin - New Street Be...

Broadband subscribers declined in the quarter, but Charter still beat estimates. The company is growing in rural areas and through mobile phones.

Charter Communications (CHTR) shares soared Friday after the cable, phone, and internet provider posted better-than-expected results on higher demand for its mobile service.

The cable giant topped quarterly estimates for earnings and sales.

Charter Communications beat Wall Street estimates for quarterly profit and reported fewer-than-expected broadband subscriber losses on Friday, sending its shares up 7% in premarket trading.

Internet subscriber losses were narrower than expected, and profit beat by a wide margin