OPTU icon

Optimum Communications (OPTU)

NYSE

$1.08

$0.0097 (

+0.91%

)

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Market closed

OPTU: $1.08 / ₿ 0 BTC / 1734 Sats

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Key statistics

$1.07
$0.58 - $2.98
$422.73M
-13.28
391.52M
$1.02 - $1.08
Yes

The Optimum Communications (OPTU) stock price has been rising

The Optimum Communications, Inc. (OPTU) stock price today is $1.08, reflecting a +0.91% move since the market opened. The company’s market capitalization stands at $422.73M, with a daily trading volume of shares. The previous closing price was $1.07.

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OPTU

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What is Optimum Communications (OPTU)?

Optimum's assets were brought together when Altice Europe acquired US cable companies Suddenlink in 2015 and Cablevision in 2016. The Suddenlink business, which management calls the "West," provides television, internet access, and phone services to roughly 4.5 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. The Cablevision portion, dubbed the "East," provides comparable services to about 5.5 million homes and businesses in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Optimum, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018.

Learn more before buying Optimum Communications stock

OPTU is in the Communication Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

OPTU is in the Telecom Services industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Optimum Communications, Inc. (OPTU) has traded between a low of $0.58 and a high of $2.98.

OPTU is in the Telecommunication Services industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

Yes. Kraken offers a secure, highly liquid and intuitive way to buy 11,000+ stocks, ETFs and commodities. With advanced trading tools built for both indvidual investors and professional institutions, Kraken offers an all-in-one way to invest in cryptocurrencies, stocks, ETFs and the most important assets for your financial future.

The first step for new invstors looking to buy stocks is to a secure, reputable and competitive stock trading platform such as Kraken. After opening and funding your account. From there, it can be helpful to first research Optimum Communications and its recent market performance, From there, Kraken makes it easy to buy fractional shares of Optimum Communications so you can start small and build your portfolio over time.

Yes. Kraken’s mobile app allows you to buy, sell, and manage Optimum Communications trades on the go from your smartphone.

Earnings reports, product launches, economic data, sector performance, and broad market conditions all influence the price movement of Optimum Communications stock.

No. Kraken makes it easy to buy fractional shares of Optimum Communications, meaning you do not need to purchase a full share in order to add Optimum Communications to your portfolio.

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