3 Years Ago
1 Min Read

Off goes ATUS. The stock soared today. A closer look at the stock:



Shares of Altice USA Inc Cl A (ATUS) are trading 25% higher at a price of $11.445 at the time of this writing. The move came amid news that Altice was considering selling it's subsidiary Suddenlink, a cable and internet service provider for the south central United States.

Altice USA Inc Cl A has been trading between a 52-week high of $35.24 and a 52-week low of $7.58. The stock has a market cap of $2.11 Billion.

Altice USA is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to more than 5 million residential and business customers across 21 states through its Optimum and Suddenlink brands. The company operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local, national, international and business news through its News 12, Cheddar and i24NEWS networks.