Comcast stock gains on report that NBCUniversal cable networks will be spun off
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Comcast Corp. stock increased in after-hours trading following a Wall Street Journal report that the company plans to spin off most of its NBCUniversal cable networks.
November 20, 2024 | 12:30 am
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Comcast Corp. stock saw an increase in after-hours trading due to reports of a plan to spin off its NBCUniversal cable networks.
The report of a spin-off of NBCUniversal cable networks is seen as a strategic move that could unlock value for Comcast, leading to a positive reaction in the stock market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100