Today: 20 March 2026
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NASDAQ:VSNT 5 January 2026 - 11 January 2026

Comcast’s Versant spinoff is done — what’s inside VSNT and why CMCSA shares slid

Comcast’s Versant spinoff is done — what’s inside VSNT and why CMCSA shares slid

Comcast completed the spinoff of its NBCUniversal cable networks into Versant Media Group, which began trading on Nasdaq as VSNT. Comcast shares fell 5.4% in premarket trading, while Versant dropped 3%. Versant includes CNBC, MS NOW, USA Network, and digital assets like Fandango and Rotten Tomatoes. Shareholders received one Versant share for every 25 Comcast shares held as of Dec. 16.

Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
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