Viacom Share Price Winner Last Week

Viacom’s leadership saga continues, but last week’s stock share price experienced some gains as a result, according to Cablefax’s week in review of telecom and media stocks for the week of May 23. The stock increased 13% after it was announced that chairman and CEO Philippe Dauman had been removed from Viacom’s trust, according to the New York Times, and it closed Friday at $48.77 share, a 15.62% increase.  Meanwhile, the company’s directors have vowed to fight any moves by Sumner Redstone and his daughter to oust board members. On the loser side, Charter topped the last, closing at $220.01 a share, down 5.62%, followed by Blonder Tongue, which closed at $.35, down 5.38%.

Stock share price winners:

1. VIACOM:……………………………………………………………..48.77……… 15.62%
2. NETFLIX:……………………………………………………………103.30……….11.69%
3. CONCURRENT:……………………………………………………..6.42……… 10.69%
4. LIONSGATE:………………………………………………………..21.84……… 10.36%
5. HARMONIC:…………………………………………………………..2.88……….. 9.92%

Stock share price losers:

1. CHARTER:…………………………………………………………220.01………(5.62%)
2. BLNDER TONGUE:…………………………………………………0.35………(5.38%)
3. AMC NETWORKS:………………………………………………..63.18………(3.48%)
4. LIBERTY BROADBAND:………………………………………..57.61………(3.29%)
5. CENTURYLINK:……………………………………………………26.81………(0.92%)