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Why Charter Communications Stock Gained 14% in October

TheMotleyFool

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Why Charter Communications Stock Gained 14% in October

Shares of Charter Communications (NASDAQ: CHTR), the nation's No. 2 cable provider, were climbing higher last month on a better-than-expected earnings report and an analyst upgrade. According to data from S&P Global Market Intelligence, the stock finished October up 14%.

As the chart below shows, shares gained in a few separate stages during the month, with the biggest jump coming toward the end of October on its earnings report.