Level 3 Stock Share Price Winner Last Week
The top stock share price winner for the week of July 11 was fiber networking group Level 3 Communications, closing at $56.66, a 7.45% increase, according to Cablefax’s week in review of telecom and media stocks. A report came out midweek that said the company is considering various options, ranging from a sale to a buyback. Among the companies who might be interested include Comcast and Alphabet. Other winners include TDS, up 7.16% to $31.72 a share, and Concurrent, with an increase of 7.10% to $5.58 a share. On the loser side was AMC Networks, closing at $56.59, down 4.65% for the week. On Friday analysts from UBS announced they were downgrading shares of AMC Networks stock.
Stock Price Winners:
1. LEVEL 3:……………………………………………………………..56.66……….. 7.45%
2. TDS:……………………………………………………………………31.72……….. 7.16%
3. CONCURRENT:……………………………………………………..5.58……….. 7.10%
4. SPRINT NEXTEL:…………………………………………………..5.00……….. 6.84%
5. LIBERTY GLOBAL:……………………………………………….31.26……….. 6.80%
Stock Price Losers:
1. BLNDER TONGUE:…………………………………………………0.51…….(10.35%)
2. AMC NETWORKS:………………………………………………..56.59………(4.65%)
3. VIACOM:……………………………………………………………..48.55………(2.76%)
4. SEACHANGE:………………………………………………………..3.24………(2.41%)
5. DISCOVERY:………………………………………………………..25.06………(2.19%)