Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...

Versant, which owns cable TV networks as well as digital assets like Fandango and Rotten Tomatoes, went public Monday following its separation from Comcast. Versant trades under the symbol "VSNT." ...

Following the separation, Comcast (Stub) will focus on its core growth areas of broadband, wireless, business services, streaming, and theme parks. It also retained select NBCUniversal assets, ...

Comcast announced the completion of its previously announced separation of Versant into a separate public company, effective as of 11:59 p.m. Eastern on Friday, Jan. 2, 2026. Versant began trading ...

The owner of MSNBC and CNBC will start trading on the Nasdaq under the ticker symbol VSNT. By Georg Szalai Global Business Editor Now it is official. Comcast said on Monday that the separation of most ...

Jan 5 (Reuters) - Shares of Versant Media Group (VSNT.O), opens new tab, home to channels such as USA Network and CNBC, slumped more than 10% in its market debut after its spinoff from Comcast, ...

This is read by an automated voice. Please report any issues or inconsistencies here. Comcast officially spun off its cable channels, including CNBC and MS NOW, creating independent Versant Media ...

Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion. The stock was up 7.3% at $49 in ...

Comcast bounced off at 1.0x book value and now trades at a 14% earnings yield. CMCSA's broadband and video headwinds are largely offset by growth in wireless, business customers, and theme parks.

Shares of Versant fell more than 13% during its first day of “regular way” trading on Monday, closing at $40.57 apiece after opening at $45.17. Its separation from Comcast was finalized at 11:59 p.m.

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Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57 on Monday. Executives led by CEO Mark Lazarus were on hand at the ...