Comcast's Surge and Activist Speculation

about 1 month ago

Tim Stanovic

"I want to go to Comcast. This is like a top gainer in both the S&P and the NASDAQ 100. I had to like move around, look around cuz I was looking at this one earlier today. Exactly. So, yeah, is the top top performer on the S&P right now. Um, and it was a little bit hard to find. I wanted to find at least one stock that was up today. So, this is ticker CMCSA. It's up about 4.6% right now. So, what we've reported at least is that CNBC's David Faber speculated on possible activist involvement in the company. um basically commenting on some interesting trading activity that he was seeing particularly in the swaps market and sort of in options trading around Comcast. So looking looking at that um it is the best day since July 31st. Um so pretty good jump."

Comcast is spotlighted as the top performer on the S&P with a notable 4.6% gain, fueled by speculation of activist involvement and unusual swaps and options trading activity, which is drawing strong market interest.

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