Clinton Rattles Cable TV Stocks On Broadband Pricing
Cable TV stocks rebounded on Thursday, a day after Hillary Clinton’s comments on U.S. broadband pricing sparked worries over her plans if elected. “Broadband is now clearly a campaign issue,” said Paul Gallant, an analyst at Guggenheim Partners, in a research report. Charter Communications (CHTR) stock fell 5% on Wednesday, but it was up 1.5% in early trading in the stock market today. Regulators are reviewing Charter’s proposed acquisitions of