Liberty Broadband Corporation (LBRDK) Shares are Up 8.87%

Liberty Broadband Corporation (LBRDK) : Traders are bullish on Liberty Broadband Corporation (LBRDK) as it has outperformed the S&P 500 by a wide margin of 8.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.81%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.87% in the last 1 week, and is up 10.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.47% and the 50-Day Moving Average is 11.19%. Liberty Broadband Corporation (NASDAQ:LBRDK): stock turned positive on Friday. Though the stock opened at $67, the bulls momentum made the stock top out at $68.36 level for the day. The stock recorded a low of $66.86 and closed the trading day at $68.12, in the green by 1.84%. The total traded volume for the day was 1,087,206. The stock had closed at $66.89 in the previous days trading.


Institutional Investors own 62.52% of Liberty Broadband Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -2.15%.

Liberty Broadband Corporation holds ownership interests in Charter Communications, Inc. (Charter ) and TruePosition, Inc. (TruePosition), as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video, high-speed Internet, and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video, high-speed data and voice services over its broadband cable systems.

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