Arris Big Stock Share Price Winner Last Week
The big stock share price winner last week was Arris, according to Cablefax’s week in review of media and telecom stocks for the week of July 4. It closed at $24.21 a share, up 13.82%. Arris announced last week that it entered into a warrant agreement with Comcast Cable, which gives Comcast the opportunity to purchase up to 8 million shares of Arris based on specific sales targets for 2016 and 2017. Another winner was Viacom, which rose after Liberty Media chairman’s John Malone said at Allen & Co. Sun Valley Conference that the company’s assets are “substantially undervalued” It climbed 7.72% percent over the week, finishing at $49.93 a share. On the loser side was Lionsgate, down 3.78% to $19.10 per share, Grupo Televisa, down 2.72% to $25.72 a share, and Harmonic, which closed at $2.93 a share, a decrease of 2.66%. See the full chart below.
Stock share price winners:
1. ARRIS GROUP:……………………………………………………24.21……… 13.82%
2. BLNDER TONGUE:…………………………………………………0.57……….11.76%
3. VIACOM:……………………………………………………………..49.93……….. 7.72%
4. WWE:………………………………………………………………….19.51……….. 7.67%
5. NEXSTAR:……………………………………………………………51.10……….. 7.22%
Stock share price losers:
1. LIONSGATE:………………………………………………………..19.10………(3.78%)
2. GRUPO TELEVISA:………………………………………………25.72………(2.72%)
3. HARMONIC:…………………………………………………………..2.93………(2.66%)
4. SHAW COMM:……………………………………………………..18.69………(2.66%)
5. AT&T:…………………………………………………………………..42.61………(1.98%)