Liberty Broadband stock jumps with Charter rally — what investors watch next week
Liberty Broadband shares rose 7.7% to $48.02 Friday, mirroring Charter Communications after Charter reported fewer broadband customer losses but a drop in revenue. Charter’s fourth-quarter revenue fell 2.3% to $13.6 billion, missing analyst forecasts. Liberty shareholders are set to receive Charter stock in a pending deal. Liberty’s Q&A call is scheduled for Feb. 11.