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Liberty Global (LBTYA) in Focus: Stock Tumbles 10.2%

Liberty Global plc ( LBTYA ) saw a big move last session, as the company's shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for LBTYA, as the stock is now down over 12% since Sep 21, 2015.

Although this slump was obviously disappointing, the company has seen 1 positive revisions and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for LBTYA. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

LBTYA currently has a Zacks Rank #5 (Sell) while its Earnings ESP is negative.

Investors interested in the Cable TV industry may consider better-ranked stock like Cable ONE, Inc. ( CABO ), which carries a Zacks Rank #2 (Buy).

Is LBTYA going up? Or down? Predict to see what others think: Up or Down

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LIBERTY GLBL-A (LBTYA): Free Stock Analysis Report

CABLE ONE INC (CABO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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