Altice USA Inc. (ATUS) in Bethpage, N.Y. is one of the leading broadband communications and video services providers in the United States, offering broadband, video, mobile, proprietary content, and advertising services to more than five million household and corporate users across 21 states through the Optimum and Suddenlink brands.
While the stock is up 9.4% in price over the past months, it has declined 68.2% over the past year and 33.8% year-to-date to close yesterday’s trading session at $10.71. In addition, the stock is currently trading 69.9% below its 52-week high of $35.55, which it hit on June 11, 2021.
