Comcast Spinoff Versant’s Shares Tumble on First Trading Day
Versant Media Group Inc., the parent of CNBC, USA and other cable-TV networks, fell as much as 15% in its first official day of trading after being spun off from...
By Hannah Miller · Bloomberg Markets
Versant Media Group Inc., the parent of CNBC, USA and other cable-TV networks, fell as much as 15% in its first official day of trading after being spun off from Comcast Corp.