The stock of Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) is a huge mover today! About 1.96 million shares traded hands. Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) has declined 11.20% since March 4, 2016 and is downtrending. It has underperformed by 19.24% the S&P500.
The move comes after 8 months negative chart setup for the $20.91 billion company. It was reported on Oct, 7 by Barchart.com. We have $28.75 PT which if reached, will make NASDAQ:LBTYK worth $1.88B less.
Analysts await Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) to report earnings on November, 3.
According to Zacks Investment Research, “Liberty Global, Inc. is a cable operator offering advanced video, voice and broadband internet services principally in Europe, Chile, and Australia. The Company offers video services through DTH or through multichannel multipoint (microwave) distribution systems (MMDS). It also provides voice-over-internet-protocol, or VoIP, telephony services and circuit-switched telephony services. Liberty owns programming networks that distribute their services through a number of distribution technologies, principally cable television and DTH.”
More important recent Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) news were published by: Prnewswire.com which released: “Research Report on CATV Systems Equities — Netflix, Liberty Global, Liberty …” on October 05, 2016, also Businesswire.com published article titled: “Liberty Global Launches LiLAC Tracking Stock”, Businesswire.com published: “Liberty Global Announces Recommended Share Acquisition of Cable & Wireless …” on November 16, 2015. More interesting news about Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) was released by: Businesswire.com and their article: “Liberty Global Increases Buyback Program by $1 Billion” with publication date: January 27, 2014.
LBTYK Company Profile
Liberty Global plc (Liberty), incorporated on January 29, 2013, is an international cable firm with activities in 14 countries. The Firm connects people to the digital world and enables them to discover and experience its endless possibilities. The Company’s products are provided through next-generation networks and technology platforms that connect 27 million clients subscribing to 57 million television, broadband Internet and telephony services. In addition, the Company served five million mobile subscribers and offered WiFi service across six million access points. The Company’s consumer brands include Virgin Media, Ziggo, Unitymedia, Telenet, UPC, VTR, and Liberty Cablevision. The Company’s activities also include Liberty Global Business Services and Liberty Global Ventures.
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