Liberty Broadband Stock Plunges 26% as Charter Earnings Jolt Merger Bet
Liberty Broadband Corporation tumbled roughly 26% Friday, tracking Charter Communications’ steep drop. Charter stock cratered after the Spectrum parent disclosed internet subscriber losses that came in worse than analysts had anticipated. By late afternoon, Liberty’s Class A sat at $41.65, with Class C just above at $41.67. Charter shares, meanwhile, hovered at $179.04, also down 26%.
