Cablevision (CVC) Slumps on BofA Two-Notch Downgrade, COO Resignation
Tweet
Share
E-mail
Get Alerts CVC Hot Sheet
Join SI Premium – FREE
Cablevision (NYSE: CVC) is down fairly well after BofA/Merrill Lynch downgraded the stock by two notches, from Buy to Underperform.
The move comes Chief Operating Officer Tom Rutledge said he was resigning from his position late Thursday.
Cablevision is down about 8 percent ahead of the bell.
The move comes Chief Operating Officer Tom Rutledge said he was resigning from his position late Thursday.
Cablevision is down about 8 percent ahead of the bell.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mattel Inc. (MAT) PT Raised to $26 at BofA Securities
- Tesla (TSLA) erases gains, drops to $140 again
- RTX Corp. (RTX) PT Raised to $110 at BofA Securities
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
