Why Charter Communications' Stock Is Trading Lower Today

Charter Communications CHTR shares are trading lower as several media companies dip, potentially in reaction to news of AT&T combining its media assets with Discovery, which could raise competitive pressures in the space.

Charter Communications' stock has been falling Monday, down 3.26% to a price of $684.63. The stock's volume is currently 708.80 thousand, which is roughly 80.81% of its recent 30-day volume average of 877.12 thousand.

The stock's 50-day moving average was $644.19 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $712.41 and fallen to a low of $485.01.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading IdeasBZI-WIIM
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!