New York, February 7, 2026, 09:16 EST — Market’s done for the day.
- Liberty Global’s Class A shares (LBTYA) ended Friday up roughly 4.3%, finishing at $11.75.
- Liberty Global’s thinly traded Class B shares (LBTYB) spiked as much as 139% during the session, throwing the sharp price swings between the share classes into focus.
- Liberty Global’s full-year numbers land Feb. 18, and investors are watching for fresh detail on cash flow, leverage, and recent deal pace.
Liberty Global’s Class B stock shot up as much as 139% Friday, with trading volumes far above normal. The more commonly traded Class A shares wrapped up the session at $11.75, up roughly 4.3%. 1
Liberty Global’s decision to split its stock is catching attention, as the company runs with several share classes that often trade at different prices. Friday’s sudden surge came just before the next earnings milestone. Then on Monday, with U.S. markets back open after a volatile week, investors face another gauge of risk appetite.
Wall Street surged on Friday, pushing the Dow past 50,000 for the first time in history. “What’s driven it recently has been the broadening … other than just the tech, AI trade,” said Chuck Carlson, CEO at Horizon Investment Services. 2
LBTYA bounced from $11.31 up to $11.80 on Friday, wrapping up the day just shy of the high. It finished at $11.26 Thursday. After hours, the stock hovered close to where it ended the regular session.
B shares saw the action. They’re usually thinly traded, so it doesn’t take much for a sharp move—percentage swings can look out of sync with the A and C lines.
Off the tape, Liberty Global landed a fresh catalyst this week, sealing a five-year deal with Google Cloud to bring Google’s Gemini AI models and cloud tech into its European businesses. CEO Mike Fries called the expanded Google Cloud tie-up “a significant milestone for Liberty Global” in a statement. 3
There’s been movement on the U.K. fibre front—telecom investors are watching talks between Virgin Media O2’s backers, Telefónica and Liberty Global, who are reportedly close to snapping up broadband operator Netomnia. Sources told Reuters earlier this week the price tag could land near 2 billion pounds ($2.7 billion). 4
Liberty Global wasn’t the only one moving up Friday. Comcast and Charter Communications, both U.S.-listed cable operators, closed higher as well, catching a boost from the wider market rebound.
Liberty Global’s next major event will be its full-year 2025 results, set for release on Wednesday, Feb. 18. The company has lined up an investor call that morning at 9:00 a.m. Eastern. 5
Still, the calendar isn’t free of hazards. Any U.K. deal comes loaded with execution hurdles and the prospect of regulators combing through the details. Liberty Global keeps pouring cash into its network, fighting to hold the line on pricing. For those jumping into the B shares, the risk is stark—what spikes in a thin market can just as quickly tumble.
Investors head into Monday eyeing LBTYA to see if Friday’s pop sticks—and if the more volatile B line decides to join the move. Past that, Feb. 18 looms large as the next checkpoint for strategy signals and what’s up with the balance sheet.
