Financial Wire

Comcast Launches Business Innovation Lab, Shares Gain

-- Comcast (CMCSA) unveiled late Thursday a new innovation lab for its Comcast Business unit, customers and partners to develop enterprise technology solutions.

The lab is launching with three initial program areas created in collaboration with Dell Technologies (DELL), Digital Realty, and Expedient.

The program aims to support businesses managing the demands of artificial intelligence, global operations and cybersecurity threats.

Shares of Comcast rose around 3.4% in recent trading.

Price: $29.33, Change: $+1.03, Percent Change: +3.62%

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