Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report)’s stock price traded up 0.5% on Monday . The company traded as high as $22.10 and last traded at $22.10. Approximately 6,807 shares were traded during trading, a decline of 44% from the average session volume of 12,089 shares. The stock had previously closed at $22.00.
Liberty Broadband Price Performance
The company’s fifty day moving average price is $21.75 and its 200 day moving average price is $22.69.
About Liberty Broadband
Liberty Broadband Corporation (NASDAQ: LBRDP) is a holding company focused on investments in broadband communications. The company’s principal asset is a substantial equity interest in Charter Communications, one of the largest broadband connectivity companies in the United States. Liberty Broadband leverages a tracking stock structure to provide shareholders with direct exposure to the performance of its Charter stake, while maintaining a lean corporate structure that is primarily dedicated to asset management and shareholder returns.
Through its position in Charter Communications, Liberty Broadband participates indirectly in a wide range of digital video, internet and voice services.
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