Charter Communications Inc (CHTR): Today's Featured Media Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Charter Communications (CHTR) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Charter Communications fell 85 cents (-1.1%) to $76.53 on light volume. Throughout the day, 419,852 shares of Charter Communications exchanged hands as compared to its average daily volume of 571,300 shares. The stock ranged in price between $76.44-$77.78 after having opened the day at $77.55 as compared to the previous trading day's close of $77.38. Other companies within the Media industry that declined today were: Monster Worldwide (MWW), down 9.3%, Insignia Systems (ISIG), down 7.6%, Dial Global (DIAL), down 7%, and KIT Digital (KITD), down 6.4%.
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