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 ...
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, ...
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, ...
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 ...
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 ...
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 ...
The owner of MSNBC and CNBC will start trading on the Nasdaq under the ticker symbol VSNT. By Georg Szalai Global Business Editor Now it is official. Comcast said on Monday that the separation of most ...
CNBC's parent, Versant, went public Monday following its separation from Comcast. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to ...
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 ...
Comcast bounced off at 1.0x book value and now trades at a 14% earnings yield. CMCSA's broadband and video headwinds are largely offset by growth in wireless, business customers, and theme parks.
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 ...
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