Why Comcast Stock Was Tumbling This Week

Most stocks see their prices go up after an estimates-beating quarter is announced, but that hasn't been the case with Comcast (NASDAQ: CMCSA) this week.

Following the release of its first-quarter figures Thursday morning, the media giant's shares continued the downward trajectory they'd been experiencing for days. As of the close of trading Thursday, the stock was down by more than 8% week-to-date, according to data compiled by S&P Global Market Intelligence.

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Source Fool.com