Charter Soars 11% on $1.5 Billion Tender Offer for Long-Dated Notes

Charter Communications (CHTR) is offering up to $1.5B for eight note series via cash tender offers, expiring Nov. 17, 2026. The move is a financing and capital-structure action, not an operating-results update.

Charter Communications (CHTR) announced tender offers for eight series of notes, totaling up to $1.5 billion. The offers are subject to a 'waterfall' methodology and an acceptance priority system, with a cap on the total consideration.

Axon Enterprise (AXON) fell 18.18% to $313, a 52-week low, after reporting earnings and increasing its stake in Skydio. Investors reacted negatively to the investment and guidance. Microchip Technology (MCHP) dropped 10%, with earnings and revenue up but supply chain issues. Charter Communications (CHTR) reported weak Q3 results, with declining cash flow and customer losses.

Charter Communications (CHTR) reported a $6.3 billion impairment charge. The announcement is based on historical data and analyst forecasts, not intended as financial advice. The company's stock may be affected by this charge.

Charter Communications (CHTR) reported Q3 2026 earnings, highlighting the completion of the Cox acquisition, which added 11 million passings and 5 million customers. The company aims for $2 billion in annual cost savings and expects capital expenditures to decline to $11 billion in 2027. Despite these positives, CHTR lost 156,000 internet customers and reported a pro forma net loss of $2.1 billion due to a noncash impairment charge.

Charter Communications (CHTR) fell 6.21% after reporting Q3 results, including a loss of 233,000 internet customers. The company plans $2B in cost savings and $1B in synergies from the Cox deal. Revenue declined 1.5% pro forma to $16.5B, and adjusted EBITDA fell 4.0% to $6.6B. Free cash flow dropped to $674M. Morgan Stanley cut its price target to $135.