Optimum Communications shares jumped 6% in the afternoon session after the company announced network upgrades in Lake Charles, Louisiana, expanding broadband availability with internet speeds of up to 2 Gbps while also investing in local community organizations. According to the company's press release, the week-long initiative included network enhancements across the Lake Charles area designed to improve connectivity for households and businesses. The shares closed the day at $0.99, up 7.6% from the previous close. Optimum Communications is down 44.1% since the beginning of the year, and at $0.96 per share, it is trading 64.3% below its 52-week high of $2.69 from October 2025.
Optimum Communications, Inc.Optimum announced network upgrades in Lake Charles expanding broadband availability with speeds up to 2 Gbps.
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