Charter Communications Inc Reports Decline in Stock Price
Charter Communications Inc has experienced a decline in its stock price, with the NASDAQ 100 index also showing losses. The company’s stock price has fallen, with the exact magnitude of the decline not specified.
Factors Contributing to Decline
The decline in the stock price is attributed to a combination of factors, including:
- A lawsuit filed against the company related to its securities
- Decreased investor confidence resulting from the lawsuit
Company Fundamentals Remain Strong
Despite the decline in stock price, the company’s fundamentals remain strong, with:
- A market capitalization of over $36 billion
- A price-to-earnings ratio of around 6.7