moody's CBS Moonves

Level 3 was a stock share price winner last week, according to Cablefax’s week in review of telecom and media stocks for the week of October 24-28. Reports surfaced on Friday that CenturyLink would be buying the company, which sent the stock up 14.59% for the week, closing at $54.05 a share. The stock continued to climb Monday morning when the companies confirmed the transaction, valued at $34 billion. Meanwhile on the losing side, Nielsen’s stock share price plummeted 18.27% for the week, down to $44.66 a share. The company missed quarterly earnings expectations on Tuesday, which sent the stock south. Other losers were WWE, Avid Tech and Harmonic. Full chart below.

Stock share price winners:

1. LEVEL 3:……………………………………………………………..54.05……… 14.59%
2. VONAGE:………………………………………………………………6.96……….11.54%
3. CENTURYLINK:……………………………………………………30.39……….. 7.69%
4. GCI:…………………………………………………………………….15.50……….. 3.20%
5. BLNDER TONGUE:…………………………………………………0.57……….. 1.79%

Stock share price losers:

1. NIELSEN:…………………………………………………………….44.66…….(18.27%)
2. WWE:………………………………………………………………….18.07………(8.65%)
3. AVID TECH:……………………………………………………………6.59………(8.34%)
4. HARMONIC:…………………………………………………………..5.00………(7.92%)
5. ARRIS GROUP:……………………………………………………27.07………(7.48%)

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