Elliott Investment Management L.P. Reduces $87M in Liberty Broadband Corporation ($LBRDK)
Key Points
- Elliott Investment Management L.P. changed its Liberty Broadband Corporation ($LBRDK) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $LBRDK is Buy and an average price target of $48.50.
- $LBRDK last traded around $34.19.
Elliott Investment Management L.P. reduced its position in Liberty Broadband Corporation ($LBRDK), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Liberty Broadband Corporation after selling 2,546,626 shares during the quarter.
Liberty Broadband Corporation ($LBRDK) Stock
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About Liberty Broadband Corporation
Liberty Broadband Corporation engages in a range of communications businesses in the United States. The company offers subscription-based internet, mobile, and video and voice services; and residential and business services, including Spectrum Internet, mobile, TV, and voice products; Spectrum Business that offers Internet, mobile, video and voice services to small businesses, as well as tailored connectivity, communications and managed service solutions for mid-market and large businesses; and Spectrum Reach that provides local, regional and national businesses to advertise in individual and multiple service areas on cable television networks, and various streaming services and advertising platforms. It also provides Spectrum Security Shield that enables and protects devices at home using network-based security; internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; and operates regional sports and news channels. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.
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