Comcast Fails in Court Bid and 3 Stocks At 52-Week Highs
Comcast Corporation (NASDAQ:CMCSA): Closing price $41.38
Top domestic television networks such as The Walt Disney Company’s (NYSE:DIS) ABC and Comcast’s NBC were unable to convince an appeals court to throw out a lower court ruling that denied a preliminary injunction that would have put Aereo out of business, according to Bloomberg. Aereo is a Barry Diller-supported online TV service that the networks claim violates their copyrights. Shares closed down 1.43 percent on Monday at $41.38, and have been traded in a 52-week range of $28.09 to $42.01.