Versant stock crashes on debut: Why VSNT is sliding after Comcast spinoff?
ComcastComcast(US:CMCSA) The Economic Times·2026-01-05 16:19

: Shares of fell sharply in their first day of trading, highlighting investor caution toward traditional cable television businesses as the media industry continues to shift toward streaming.Versant stock drops sharply in Nasdaq debutVersant, which was spun off from Versant stock drops sharply in Nasdaq debutThe weak debut reflects skepticism about the future of legacy TV networks in an era where streaming has steadily eroded cable audiences and advertising revenue. As Ross Benes, a senior analyst for TV a ...