|Bid||313.17 x 900|
|Ask||313.72 x 900|
|Day's Range||304.17 - 313.94|
|52 Week Range||302.94 - 753.69|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||10.49|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures new and old on the cable and wireless industries.
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Charter Communications Chief Executive Tom Rutledge is retiring from the company he has led for the past decade, a time of acquisitions that transformed the cable operator into the industry’s second-largest company. Charter said Wednesday that Chris Winfrey, its current chief operating officer and former finance chief, would become the company’s next CEO, effective Dec. 1. Mr. Rutledge is to serve as executive chairman until November 2023, when his contract is up, and maintain oversight of Charter’s government affairs.