With a market cap of around $99 billion, Comcast Corporation (CMCSA) is a global media and technology company that operates across connectivity services, media, studios, and theme parks. Headquartered in Philadelphia, Pennsylvania, it delivers broadband, entertainment, streaming, and business connectivity solutions worldwide.
Shares of Comcast have underperformed the broader market over the past 52 weeks. CMCSA stock has decreased 17.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.9%. In addition, shares of Comcast are down nearly 7% on a YTD basis, compared to SPX’s 4.1% rise.
