Comcast’s CFO Had Bad News About Subscriber Growth. Cable Stocks Are Falling.

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Sept. 14, 2021 2:53 p.m. ET

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Cable stocks fell heavy into the reddish connected Tuesday aft Comcast‘s CFO warned that third-quarter subscriber maturation astatine its Xfinity portion was slower than successful the aforesaid 4th past year. That shouldn’t person travel arsenic a astonishment to investors, nor to the market.

Nonetheless, Comcast banal (ticker: CMCSA) was down 6% connected Tuesday, Charter Communications (CHTR) was disconnected 4%, and Altice USA (ATUS) fell 2%.


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