Charter Communications Ranks 198th in Trading Volume Amid Legal Battles and Customer Losses

Charter Communications (CHTR) saw a trading volume of $0.49 billion on August 19, 2025, ranking 198th in market activity. The stock closed with a 0.07% gain, reflecting mixed investor sentiment ahead of broader market developments. Meanwhile, legal and operational challenges continue to weigh on the company’s outlook.

A securities class action lawsuit remains active against Charter, targeting alleged misstatements and omissions during a 10-month period ending in July 2025. The case centers on the company’s handling of declining internet and video customers following the Affordable Connectivity Program’s expiration. Plaintiffs argue that management failed to disclose the sustained impact of ACP-related customer losses and the inadequacy of operational strategies to offset these declines. This led to a sharp 18.5% drop in share price on July 25, 2025, following the release of Q2 2025 earnings.

Backtesting of a high-volume trading strategy revealed limited returns for CHTR. Holding the top 500 stocks by daily trading volume for one day from 2022 yielded a 1.98% average 1-day return, with a 7.61% annualized return over the past year. However, the approach exhibited a low Sharpe ratio of 0.71, highlighting modest risk-adjusted performance despite relative stability.