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                            <title><![CDATA[ Latest from Next TV in Stock-warrants ]]></title>
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        <description><![CDATA[ All the latest stock-warrants content from the Next TV team ]]></description>
                                    <lastBuildDate>Wed, 28 Sep 2016 21:19:00 +0000</lastBuildDate>
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                                                            <title><![CDATA[ Harmonic Stock Sings After Comcast Warrant Deal ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/harmonic-stock-sings-after-comcast-warrant-deal-408084</link>
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                            <![CDATA[ Harmonic Stock Sings After Comcast Warrant Deal ]]>
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                                                                                                                            <pubDate>Wed, 28 Sep 2016 21:19:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Business]]></category>
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                                                    <category><![CDATA[Technology]]></category>
                                                                                                                    <dc:creator><![CDATA[ Mike Farrell ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <p>Harmonic shares flirted with a new 52-week high Wednesday, closing at $5.83 per share, up $1.17 each or 25.1% after it said it had <a href="https://www.nexttv.com/news/harmonic-comcast-strike-warrant-agreement-408051" data-original-url="https://www.multichannel.com/news/harmonic-comcast-strike-warrant-agreement-408051">reached a deal</a> with Comcast that would allow the cable operator to buy shares in the tech vendor based on product sales and deployment milestones.</p><p>The deal is similar to others Comcast has reached with vendors like <a href="https://www.nexttv.com/news/arris-rises-q2-results-guidance-406683" data-original-url="https://www.multichannel.com/news/arris-rises-q2-results-guidance-406683">Arris</a> and <a href="https://www.nexttv.com/news/uei-comcast-sign-warrants-agreement-403203" data-original-url="https://www.multichannel.com/news/uei-comcast-sign-warrants-agreement-403203">Universal Electronics.</a></p><p>According to the Harmonic deal, Comcast can purchase up to 7.8 million shares of the tech company at $4.76 per share.</p><p>Harmonic stock already passed that milestone, rising as high as $5.99 per share on Wednesday (up 28.5%), nearing its 52-week high of $6.31 each. It was the <a href="http://www.nasdaq.com/symbol/hlit/stock-chart">highest point for the stock since November.</a></p>
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