You can’t accuse CNBC anchor David Faber of ignoring his parent company’s fast-sliding debut on Wall Street. Faber on Wednesday reported on Versant’s IPO, which has been a dud so far after shares of ...
Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public. Versant's revenue has been on the decline in recent years. The new entity will trade ...
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Versant stock slides in its first day of trading. Here's what you need to know about the Comcast spin-off
Versant shares tumbled in their first day of trading on Monday. The group of cable channels and digital properties was spun off from Comcast last year, and includes CNBC, MS NOW and the USA Network.
Comcast will spin off Versant Media, distributing shares to shareholders, with trading expected in early January 2026. VSNT faces secular revenue decline from linear TV but boasts strong free cash ...
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'It hasn't gone well': CNBC's David Faber admits parent company Versant's Wall Street debut has been a flop
You can’t accuse CNBC anchor David Faber of ignoring his parent company’s Hindenburg-esque debut on Wall Street. Faber on Wednesday admitted Versant’s IPO has been a dud so far after shares of the ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
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