Comcast Corporation rose 1.12% in intraday trading. The increase in stock price is likely due to the positive news from Verizon, a competitor in the telecommunications industry. Verizon boosted its annual forecast on strong demand for its premium plans and benefits from the Trump administration's new tax law. This news may have positively impacted Comcast's stock as investors anticipate similar benefits or competitive responses from the company.
Comments
No comments yet