Trump Wants Comcast Investigated For 'Treason,' White House Responds: 'Outrageous Attack On Our Democracy'
Portfolio Pulse from Adam Eckert
Former President Donald Trump has suggested that Comcast Corp should be investigated for treason, accusing the company of 'Country Threatening Treason'. He singled out NBC News and MSNBC for one-sided coverage and threatened that they would be scrutinized if he were to win the presidency in 2024. In response, White House Deputy Press Secretary Andrew Bates defended the freedom of the press as a fundamental constitutional right. Comcast shares were down 0.88% at the time of publication.
September 25, 2023 | 6:41 pm
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NEGATIVE IMPACT
Comcast Corp is under potential threat of investigation for treason as suggested by former President Trump. This has led to a slight decrease in the company's shares.
The news of a potential investigation into Comcast for treason by former President Trump has created a negative sentiment around the company. This has likely contributed to the slight decrease in the company's share price. If Trump were to win the presidency in 2024 and follow through on his threats, it could have significant implications for the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100