Lake Success, New York-based Broadridge Financial Solutions, Inc. (BR) is a financial technology company that provides critical investor communications and technology-driven solutions for the financial services industry. It is valued at a market cap of $17.4 billion.
This financial company has notably underperformed the broader market over the past 52 weeks. Shares of BR have declined 38% over this time frame, while the broader S&P 500 Index ($SPX) has gained 27.4%. Moreover, on a YTD basis, the stock is down 34.1%, compared to SPX’s 8.8% rise.