Liberty Broadband (LBRDK) Moves 11.2% Higher: Will This Strength Last?

Liberty Broadband (LBRDK) shares rallied 11.2% in the last trading session to close at $89.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.7% gain over the past four weeks.Liberty Broadband shares are benefiting from the counterproposal to Charter's merger proposal ahead of third-quarter earnings. The proposition offers Liberty Broadband investors 0.29 Charter shares per Liberty share instead of the ini ...