Altice and Disney Stocks Rise As Carriage Standoff Continues

Read on: Deadline

On a down day for most media stocks and the broader markets, Altice USA shares perked up as the cable company dug in for a carriage standoff with Disney that could go down to the Saturday night wire. In late-session trading, the company's shares were up more than a percentage point, to $27.64, on lighter-than-average volume. The current level is not much better than the 52-week low of $26.60 a share, but the gains went against the grain on a day when the Dow Jones…