Comcast and Verizon to Stream Super Bowl for First Time Ever

NBC (NASDAQ:CMCSA) announces history-making plans to stream the Super Bowl online and to Verizon (NYSE:VZ) mobile phones. The decision is another major step in the gradual shift of live content away from cable and satellite providers.

Here’s how shares of CMCSA and Verizon are trading on the news:

Comcast Corporation (NASDAQ:CMCSA): CMCSA shares recently traded at $23.40, up $0.53, or 2.32%. They have traded in a 52-week range of $19.19 to $27.16. Volume today was 18,835,063 shares versus a 3-month average volume of 19,352,700 shares. The company’s trailing P/E is 16.83, while trailing earnings are $1.39 per share. Get the most recent company news and stock data here >>

Verizon Communications Inc. (NYSE:VZ): VZ shares recently traded at $39.21, up $0.58, or 1.5%. They have traded in a 52-week range of $32.28 to $39.35. Volume today was 20,106,644 shares versus a 3-month average volume of 15,531,500 shares. The company’s trailing P/E is 15.77, while trailing earnings are $2.49 per share. Get the most recent company news and stock data here >>