The shares of Comcast Corporation (NASDAQ: CMCSA) are down 1.6% at $36.91, after Barclays downgraded the media company to "equal weight," and slashed its price target to $42.
Several analysts are responding to Thursday's lackluster Q2 report.
Shares of Comcast Corp. were extending their decline Friday, falling 5% in morning trading after dropping 9% in Thursday's session.
It appears that Netflix is not the only streaming service in a spot of bother right now, as NBCUniversal's streaming service Peacock failed to add any paid subscribers in the last quarter, according t

Why Comcast Stock Dropped Today

07:52pm, Thursday, 28'th Jul 2022
Growth in a key business has come to a standstill.

Comcast fails to add broadband subscribers in Q2

04:30pm, Thursday, 28'th Jul 2022
Comcast stock is ticking down after disappointing second-quarter earnings in which the company failed to add broadband subscribers.
Comcast Corporation (NASDAQ:CMCSA ) Q2 2022 Earnings Conference Call July 28, 2022 8:30 AM ET Company Participants Marci Ryvicker - SVP, Investor Relations Brian Roberts - Chairman and Chief Executive
Yahoo Finance Live anchors discuss Comcast earnings and news that the cable giant didn't add any subscribers in the second quarter.
The pandemic-fueled broadband party is officially over, as Comcast Corp. netted no new internet additions in its latest quarter.
Peacock, the streaming service of Comcast's NBCUniversal, ended the second quarter with 13 million paid subscribers, parent company Comcast reported this morning. In the first quarter, there were 13 m
NBCUniversal CEO Jeff Shell sees considerable “choppiness” in the advertising business, but believes the increase in competition in ad-supported streaming is a “validation” of the model chosen
Comcast Corp. CMCSA, +1.52% topped revenue and earnings expectations Thursday but its shares were declining 3% in premarket trading after the cable giant delivered its second-quarter results. The comp
Comcast Corp's second quarter revenue beat Wall Street estimates on Thursday, lifted by the NBCUniversal media business and a continued recovery in theme park attendance and box office ticket sales.
Comcast beat revenue and profit estimates but failed to deliver broadband subscriber growth. Peacock subscriber numbers were also flat.

7 Blue-Chip Stocks to Buy on the Dip

10:22am, Wednesday, 27'th Jul 2022
Let's first define the dip. The S&P 500 is currently down 17.83% year-to-date.
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