Liberty Global Class B (LBTYB) Stock Surges Amid Positive Market Activity

Dec 06, 2024

Liberty Global Class B (LBTYB, Financial) shares saw a significant rise of 5.23%. The stock is currently priced at $14.38 with a trading volume of 189 shares. The company reported a revenue of $1.935 billion and a net loss of $1.434 billion, leading to an earnings per share of -$3.95 and a negative P/E ratio of -1.44. Among 14 rating firms, 50% recommend buying, 43% suggest holding, and 7% advise selling.

In the telecom industry, Liberty Global Class B is among the top gainers, alongside Globalstar and Lumen Technologies. Liberty Global, a holding company, operates major cable networks in Europe and collaborates with mobile operators for integrated services.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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