Why Comcast Stock Slid 6% on Thursday
Comcast(CMCSA) The Motley Fool·2024-04-26 00:31
Investors think Comcast is a sell today, but they may be wrong about that. Cable internet giant Comcast (CMCSA -6.71%) stock slipped 6% through 11:11 a.m. ET Thursday despite the company reporting better than expected sales and earnings for the first quarter of 2024. Analysts had forecast the communications company would earn only 29.8 billion in Q1, but Comcast surprised to the upside with 30.1 billion. Yet its s ...