Roger's Shares Fall 24% YTD: How Should Investors Play the Stock?
Rogers Communications(RCI) ZACKS·2024-11-12 14:21
Roger Communications (RCI) shares have dropped 23.4% year to date (YTD), underperforming the broader Zacks Consumer Discretionary sector’s growth of 10.1%Its shares have also lagged the Zacks Cable Television industry and peers, including Broadcom (AVGO) , Charter (CHTR) and Liberty Global (LBTYA) . During the same period, shares of Broadcom, Liberty Global and Charter have gained 60.4%, 16.6% and 1.8%, respectively. The industry has increased 0.4% YTD.RCI’s underperformance can be attributed to stiff compe ...