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
- Take-Two stock drops as GTA 6 leaks continue
- Truist names Harold Ford Jr. as Wholesale Banking vice chair
- Paramount Skydance extends WBD note tender and exchange offer deadline
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!
