Comcast Rises on Media Spinoff Plan; AT&T Falls Due to CFO Exit and Starlink Threats; Verizon Drops After Dow Removal
Comcast's stock rose 7% following its announcement of a plan to spin off NBCUniversal, while AT&T fell 5% due to the resignation of its CFO and concerns over competition from Starlink. Meanwhile, Verizon dropped 7% after being removed from the Dow Jones Industrial Average.
Topics: corporate_restructuring executive_changes satellite_broadband_competition telecom