Charter's Possible Acquisition of Altice USA Boosts Altice's Stock Price by 30%

Charter's Possible Acquisition of Altice USA Boosts Altice's Stock Price by 30%
Charter's Possible Acquisition of Altice USA Boosts Altice's Stock Price by 30%

On Monday, shares of the broadband company spiked more than 30% after a report surfaced that the company was considering a buyout.

Charter shares dropped 3% on Monday afternoon.

Altice USA could not be reached for comment on the report, while Charter declined to comment.

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by Jacob Pramuk

Business News