CNBC’s stock is in turmoil: Versant shares pummeled for the third day in a row after spinoff
The new corporate home for cable channels like CNBC, MS Now and USA Network has started off down over 25% following its separation from Comcast.
Last updated: 2026-01-09 08:03:11 ET
No hourly mention data available.
The new corporate home for cable channels like CNBC, MS Now and USA Network has started off down over 25% following its separation from Comcast.
The spinoff is Comcast's response to shifting market dynamics in the media industry, as streaming pressures traditional cable TV viewership.
The early ratings for Versant are in — with shares of the new owner of cable television stalwarts like CNBC, USA Network and the recently rebranded ...
Versant, Comcast's spinoff of the majority of NBCUniversal's cable TV networks like MS Now and CNBC, started trading Monday.
Numerous submarine cables crisscross the Philippines’ underwater domain, connecting Southeast Asia to the United States, India and Hong Kong.