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Comcast Stock Fell after Acquisition Bid

Comcast Stock Fell after Acquisition Bid

Comcast (CMCSA) saw its stock fall 15.4% in February 2018. Comcast is currently trading at $36.21, which is 4.1% above its 52-week low of $34.78 and 18% below its 52-week high of $44. On February 27, Comcast offered to buy European-based media giant Sky for a deal valued at $31 billion.