Ouch! Why Comcast Corp. Stock Was Slammed on Thursday

Shares of Comcast (NASDAQ: CMCSA) were hit hard on Thursday, falling as much as 7.2%. The stock finished the trading day down 6.2%.

The stock's sharp sell-off comes as Comcast's vice president of Xfinity services, Matthew Strauss, said during a Merrill Lynch investor conference on Thursday that the company expected to lose about 100,000 to 150,000 video subscribers during its third quarter. 

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Source: Fool.com