Charter's 0.74% Gains and $0.45B Volume Rank 211th Amid Legal Scrutiny

Charter Communications (CHTR) rose 0.74% on August 29, 2025, with a trading volume of $0.45 billion, ranking 211th in the market. The stock’s performance comes amid ongoing legal scrutiny related to its handling of the Affordable Connectivity Program (ACP) and subsequent customer losses. Multiple class-action lawsuits have been filed against the company and its executives, alleging misleading statements about the impact of the ACP’s termination on its business operations and financial health.

The lawsuits claim Charter overstated its ability to mitigate the fallout from the ACP’s end in June 2024, which led to significant customer attrition. The company reportedly assured investors that the ACP’s impact was “behind” it, while internal challenges persisted, including a 117,000 internet customer decline in Q2 2025—double the previous quarter’s losses. These revelations triggered an 18.4% stock drop in July 2025, raising questions about management’s transparency and operational strategies.

Investors are now navigating a complex legal landscape, with multiple firms seeking lead plaintiff status for the class-action cases. The allegations highlight broader concerns about Charter’s capacity to adapt to regulatory shifts and sustain revenue growth. Despite the recent uptick in share price, the litigation and unresolved operational risks remain critical factors for market participants to monitor.

Backtest results indicate that the stock’s recent 0.74% gain does not reflect the volatility seen earlier in the year, underscoring the ongoing uncertainty tied to the legal and operational challenges outlined above.