Charter Communications (CHTR) spiked to the upside around midday Friday on reports that it has been aggressively reviewing potential acquisition targets. The company discussed the idea of a merger of equals with Time Warner Cable a few weeks ago.
Charter Communications finished Friday's session with a gain of 5.72 at $116.61. The stock climbed past the upper end of a 1-month range and set a new high for the year.
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