Optimum Communications, Inc.
$1.04
Market Cap
$385.25M
Shares Outstanding
381.4M
Primary Exchange
XNYS
Currency
USD
Type
CS
IPO Date
Jun 22, 2017
Round Lot
100
Locale
US
Day Open
$1.02
Day High
$1.06
Day Low
$1.00
Volume
1.59M
VWAP
$1.04
Prev Close
$1.01
Transactions
--
Acc. Volume
--
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.
Optimum Communications, Inc. (OPTU) closed the 2026-09-17 session at $1.04, up 2.97% versus the previous close (+0.03). The stock opened at $1.02 and traded between $1.00 and $1.06 during that session. Session trading volume was 1.6M shares. The volume-weighted average price (VWAP) is $1.04.
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.
Optimum Communications, Inc. has a market capitalization of $385.2 million. The company operates in the CABLE & OTHER PAY TELEVISION SERVICES industry classification. OPTU is listed on the XNYS exchange. The company employs approximately 9,500 people. Optimum Communications, Inc. is headquartered in LONG ISLAND CITY, NY. The recorded listing date is 2017-06-22.
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