What’s Propelling Liberty Broadband Corp (LBRDK) to Increase? The Stock Formed a Double Top

June 19, 2017 - By Marry Poplack

The chart of Liberty Broadband Corp (LBRDK) shows a double top with $92.23 target or 4.00 % above today’s $88.68 share price. The 8 months chart pattern indicates low risk for the $16.18 billion company. It was reported on Jun, 19 by Finviz.com. If the $92.23 price target is reached, the company will be worth $647.20 million more. Double tops are rare but powerful chart patterns.

About 3,470 shares traded. Liberty Broadband Corp (NASDAQ:LBRDK) has risen 45.35% since June 19, 2016 and is uptrending. It has outperformed by 28.65% the S&P500.

Another recent and important Liberty Broadband Corp (NASDAQ:LBRDK) news was published by Seekingalpha.com which published an article titled: “Liberty Broadband Corporation’s (LBRDA) CEO Greg Maffei on Q1 2017 Results …” on May 10, 2017.

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