Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Virgin Media Drops as Credit Suisse Offers 7.1 Million Shares

Virgin Media Inc. dropped after Credit Suisse Group AG offered to sell 7.1 million shares to clients, according to a document obtained by Bloomberg News.

The stock slumped 0.8 percent to $22.16 at 4 p.m. New York time as the Dow Jones Industrial Average posted its biggest rally since March 2009, jumping 4.2 percent. Virgin Media’s trading volume rose to 10.8 million shares, compared with the three-month daily average of 5 million. The U.K.’s second-largest pay-television company has dropped 19 percent this year.

Credit Suisse offered the shares for $22 each, according to the document sent to clients of the Zurich-based firm.

Phil Rudman, a spokesman for New York-based Virgin Media, didn’t respond to a request for comment. Karen Laureano-Rikardsen, a spokeswoman for Credit Suisse, declined to comment.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.