Liberty Broadband Corporation Class C (LBRDK)
Liberty Broadband Corporation Class C (LBRDK) is a telecommunications and media company that focuses on broadband and cable television services. It is part of the Liberty Media Corporation family and owns a significant stake in Charter Communications, one of the largest cable providers in the United States. The company also has investments in various media and entertainment assets, aiming to leverage its holdings to expand its influence in the communications industry.
Company News
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Liberty Broadband (LBRDK) delivered earnings and revenue surprises of -28.99% and 0.24%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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Charter's levered buyback strategy could lead to huge gains from here, but also adds risks in an age of higher interest rates.
