From Yahoo Finance: 2025-05-03 06:37:00

Wall Street ended the week strong with major indices gaining due to better-than-expected non-farm payrolls. Nasdaq led with a 1.51% increase, followed by S&P 500 at 1.47% and Dow Jones at 1.39%. Despite this, 10 companies saw declines due to poor earnings in Q1, including Liberty Global Ltd. (LBTYA).

Liberty Global (LBTYA) declined by 11.4% on Friday, closing at $9.64 per share. The company reported a loss of $1.3 billion from continuing operations, contrasting with a $634.5 million income last year. Revenues rose by 7.3% to $1.17 billion. CEO Mike Fries emphasized shareholder value and buybacks towards their 2025 target.

Ranked 5th among Friday’s worst performers, LBTYA faces challenges despite potential as an investment. The focus on AI stocks for higher returns within a shorter timeframe is highlighted. For investors seeking promising AI stocks trading at less than 5 times earnings, a report on the cheapest AI stock is recommended.



Read more at Yahoo Finance: Why Liberty Global Ltd. (LBTYA) Went Down On Friday