Newark, New Jersey-based Prudential Financial, Inc. (PRU) is a financial services company that offers a comprehensive array of financial products and services designed to help both individual and institutional customers grow and protect their wealth. It is valued at a market cap of $35.8 billion.
This financial company has considerably lagged the broader market over the past 52 weeks. Shares of PRU have gained 2.2% over this time frame, while the broader S&P 500 Index ($SPX) has soared 27.4%. Moreover, on a YTD basis, the stock is down 7.8%, compared to SPX’s 8.7% rise.