Charter Communications stock jumps as broadband losses come in lighter than feared
Charter Communications shares rose 8% to $206.76 after reporting a smaller-than-expected loss of 119,000 internet customers in Q4, beating analyst forecasts. Revenue fell 2% to $13.6 billion, missing estimates, while mobile line additions of 428,000 lagged expectations. Net income dropped to $1.3 billion. The company plans $11.4 billion in capital spending for 2026 amid ongoing competition and industry pressures.