Bearish mood pushes Comcast to session low of $35.63

Published: March 19 2023, 12:35 GMT+0

Bearish mood pushes Comcast to session low of $35.63

A quick look at Friday: during Friday's session, Comcast toiled and struggled for upward momentum before closing at $36.03. By the close, the the telecommunications conglomerate suffered a 21 cents or 0.58% loss.

Comcast was not the only decliner in the communication services sector; Meta Platforms closed at $195.61 (down 4.55%). AT&T withdraws 1.41% Friday to close at $18.39.

On the other hand, positive performances could be seen by looking at other communication services stocks as Alphabet traded at $102.46 after closing Friday's trading day at $101.07 (up 1.38%).

Trending downwards for around a month. 5 months ago, the media and technology company fell to a low of $28.68 but has since recovered 26.36%.