Charter Comm

Charter Communications experienced a sharp intraday selloff, trading at $132.78 as of ET 11:51, down 5.05% from the prior close of $139.84, with an intraday range of 6.0% (from a pre-market high of $141.68 to a regular-session low of $132.78). The decline was driven by Goldman Sachs slashing its price target to $125.00, coupled with Citi Research flagging tough Q2 year-over-year comparisons and hurdles in the SpaceX partnership talks, which had previously boosted the stock. Financially, Q1 2026 revenue edged down 1% YoY to $13.597B, while net profit fell 4.44% to $1.163B, with a net margin of 8.55% and EPS up 8.91% to $9.17. The stock now sits 68.56% below its 52-week high of $422.29, merely 7.04% above its 52-week low of $124.05, and below both its 20-day MA ($135.41) and 60-day MA ($162.33). However, a post-market bounce to $141.00 suggests ongoing volatility as the market weighs conflicting signals.