On October 9, Comcast fell 3.04% in regular trading, trading at $20.56 per share, with turnover of $211 million.

The decline came as Evercore ISI lowered its price target to $30 from $36 and Scotiabank cut its target to $27.50 from $29, reflecting concerns over ongoing broadband subscriber losses and restructuring costs in the streaming business.

Reports said NBCUniversal is undertaking a significant structural adjustment of its global streaming technology division, with job cuts expected to fall most heavily on the European Sky unit.

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