Investors are betting the fourth-largest U.S. cable provider will turn around after posting net losses in all but one of its quarters since emerging from bankruptcy in 2009.
In December, the company named Thomas Rutledge as Charter's new CEO. Rutledge, the former chief operation officer of Cablevision, the fifth-largest U.S. cable operator, helped the company add telephone, broadband and video customers in the New York area.