Verizon, AT&T Stock Share Price Winners
Verizon and AT&T were stock share price winners for the week of June 6, according to Cablefax’s week in review of telecom and media stocks. AT&T was up 2.86% to $40.33 a share and Verizon closed at $52.67 per share, up 3.44%. Lots of news about the two companies, including the fact that both AT&T and Verizon are in the running to buy Yahoo’s core Internet assets. Also in the news last week–but with more detrimental effects—was Viacom. Chairman Philippe Dauman continues to fight for control over the company, yet he claimed last week that he’s going to move forward with selling off a 49% stake in film studio Paramount Pictures. Viacom stock decreased by 6%, closing at $46.22 a share. Check out the full list of winners and losers below.
Stock price winners:
1. BLNDER TONGUE:…………………………………………………0.44……… 22.19%
2. SYNACOR:…………………………………………………………….3.18……….. 3.92%
3. VERIZON:……………………………………………………………52.67……….. 3.44%
4. VONAGE:………………………………………………………………4.66……….. 3.10%
5. AT&T:…………………………………………………………………..40.33……….. 2.86%
Stock price winners:
1. LIONSGATE:………………………………………………………..21.29………(9.13%)
2. DISCOVERY:………………………………………………………..26.15………(7.89%)
3. LIBERTY GLOBAL:……………………………………………….36.57………(6.04%)
4. VIACOM:……………………………………………………………..46.22…………..(6%)
5. STARZ:………………………………………………………………..26.02………..(5.9%)