Charter Communications is trading 4.4% up at $128.73 as investors reassess the company's Q2 performance following two sessions of post-earnings selling.

  • Revenue fell 1.7% to $13.5 billion, while adjusted EBITDA declined 4.3% during the quarter.
  • Broadband subscriber losses totaled 172,000, which was worse than analyst expectations.
  • Market analysts suggest today's price action reflects a technical rebound rather than new company-specific catalysts.