CommScope, Lions Gate Stock Share Prices Winners
The big stock share price winner last week, according to Cablefax’s week in review of media and telecom stocks for the week of April 25, was CommScope. The company posted Q1 earnings that exceeded expectations, a 39% increase in revenues to $1.14 billion, which sent the stock soaring by 16.16%. It closed the week up 13.64%, at $30.41 a share. Also in the winner’s circle was Lions Gate, after some speculation that the company is finally set to merge with Starz. The announcement last week that Comcast plans to acquire DreamWorks Animation may also have contributed to the buzz. Meanwhile, the losers last week include Apple and Netflix, which declined by 11.3% and 6.12%, respectively, after reporting disappointing Q1 earnings. See the full list below, as well as a graph illustrating how Wall Street has responded to major tech companies’ earnings.
You will find more statistics at Statista
Stock share prices winners:
1. COMMSCOPE:……………………………………………………..30.41……… 13.64%
2. LIONSGATE:………………………………………………………..22.20……….. 8.66%
3. GRUPO TELEVISA:………………………………………………29.23……….. 7.94%
4. CHARTER:…………………………………………………………212.24……….. 7.24%
5. ENTRAVISION:………………………………………………………7.95……….. 6.57%
Stock share price losers:
1. APPLE:………………………………………………………………..93.74……… (11.3%)
2. SONY:…………………………………………………………………24.10………(9.53%)
3. SPRINT NEXTEL:…………………………………………………..3.43………(8.29%)
4. AVID TECH:……………………………………………………………5.58………(6.38%)
5. NETFLIX:……………………………………………………………..90.03………(6.12%)
