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Pay TV stocks hit 52-week lows after poor Charter metrics

  • Pay TV companies are sinking this morning in the wake of poor metrics from Charter (CHTR -15.4%) in its Q1 report.
  • Comcast (NASDAQ:CMCSA) is off 3.4% and tagged a 52-week low. (It beat expectations in its own earnings report on Wednesday.)
  • Altice USA (NYSE:ATUS) is 9.4% lower and hit its own 52-week low. Meanwhile, Liberty Broadband (NASDAQ:LBRDA) is down 14.5% (and yes, hit a 52-week low).
  • Dish Network (NASDAQ:DISH) is 2.8% lower for its own 52-week low.
  • Liberty Global (LBTYA -3.6%) is caught in the downdraft as well.

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Charter Communications, Inc.