Comcast's Xfinity Faces Sunday Service Stumble: NFL Viewership Hit Hard
Portfolio Pulse from Anusuya Lahiri
Comcast Corp's Xfinity experienced outages on Sunday, affecting TV streaming, signal, and landline internet services. The disruption coincided with the National Football League games. Despite this, Comcast's shares traded higher by 1.38% at $45.65 on Friday.
September 11, 2023 | 2:24 pm
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NEUTRAL IMPACT
Comcast's Xfinity service experienced outages during NFL games, potentially affecting customer satisfaction and future revenues. Despite this, Comcast's shares traded higher by 1.38% at $45.65 on Friday.
The service outage could potentially lead to customer dissatisfaction and impact future revenues. However, the immediate impact on the stock price is neutral as shares traded higher despite the news. The long-term impact will depend on Comcast's response and whether such outages continue.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100