Stock market anomaly | User decline for the tenth consecutive quarter, Comcast (CMCSA.US) falls by 6% at one point.
According to the Intelligent Investor APP, on Thursday, the stock price of Comcast (CMCSA.US) fell, dropping by 6% at the opening bell. As of the time of writing, the stock price has narrowed its decline to 3.58%, at $27.52 per share. The company's domestic broadband business in the third quarter of 2025 continued to face pressure, with a loss of 104,000 household broadband users in the quarter, marking the tenth consecutive quarter of user decline. At the end of the quarter, the company still maintained its position as the largest broadband service provider in the United States with 31.4 million users, but competition from mobile operators has intensified in recent years. Since several years ago when major US telecom operators began to launch home wireless network plans, competition in the broadband market has become increasingly fierce. Comcast Co-CEO Mike Cavanagh stated in a declaration, "Competition in the broadband market remains extremely intense, and we do not expect this situation to change in the short term."
Latest

