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Versant Media closed down 13% in its Nasdaq debut on January 5 after its Comcast spinoff, underscoring investor skepticism around traditional TV businesses (Reuters)

Mediagazer · last updated

Reuters:
Versant Media closed down 13% in its Nasdaq debut on January 5 after its Comcast spinoff, underscoring investor skepticism around traditional TV businesses  —  Shares of Versant Media Group (VSNT.O), home to channels such as USA Network and CNBC, slumped more than 10% in its market debut …

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