Alert: Major Price Decline (11/7/24)-CommScope Holding Co Inc (NASDAQ: COMM).

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CommScope Holding Co Inc (NASDAQ: COMM) stock closed at $5.20 on 11/7/24 after a major decline of -25.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 462% of normal. The stock has declined -25.2% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, COMM is expected to be an important Value Eraser.

CommScope Holding is currently unrated.

Rating Review

The stock is currently unrated.

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