Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...
Following the separation, Comcast (Stub) will focus on its core growth areas of broadband, wireless, business services, streaming, and theme parks. It also retained select NBCUniversal assets, ...
Comcast is rated a Buy, with shares trading at a discount despite margin expansion and growth in key segments. CMCSA's spinoff of Versant will streamline operations, enabling focused investment in ...
Versant, which owns cable TV networks as well as digital assets like Fandango and Rotten Tomatoes, went public Monday following its separation from Comcast. Versant trades under the symbol "VSNT." ...
Comcast announced the completion of its previously announced separation of Versant into a separate public company, effective as of 11:59 p.m. Eastern on Friday, Jan. 2, 2026. Versant began trading ...
Jan 5 (Reuters) - Shares of Versant Media Group (VSNT.O), opens new tab, home to channels such as USA Network and CNBC, slumped more than 10% in its market debut after its spinoff from Comcast, ...
This is read by an automated voice. Please report any issues or inconsistencies here. Comcast officially spun off its cable channels, including CNBC and MS NOW, creating independent Versant Media ...
Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion. The stock was up 7.3% at $49 in ...
Versant is now officially a publicly traded media company after completing its long-planned spin-off from Comcast, a move that now separates a portfolio of cable and news networks from the media ...
Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57 on Monday. Executives led by CEO Mark Lazarus were on hand at the ...
Shares of Versant fell more than 13% during its first day of “regular way” trading on Monday, closing at $40.57 apiece after opening at $45.17. Its separation from Comcast was finalized at 11:59 p.m.
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