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Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles

1. Comcast lost 139,000 broadband customers, exceeding CEO's prior estimates. 2. Despite strong Q4 results, shares dropped over 11%. 3. Peacock's revenue increased 28%, showing potential growth in streaming. 4. EBITDA and EPS hit records, indicating strong financial performance. 5. Comcast shares down nearly 30% over the last year.

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FAQ

Why Bearish?

The unexpected decline in broadband customers directly affects Comcast's growth outlook. Historical declines often lead to sustained negative adjustments in stock price.

How important is it?

Customer loss represents a key metric that influences investor sentiment. Strong results contrast against subscriber declines, affecting future stock performance.

Why Short Term?

Immediate reaction observed in share price due to customer loss news. Similar past trends show short-term correlations between subscriber loss and stock performance.

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