Comcast (CMCSA) shares reached their lowest level since October 2013. The stock declined nearly 30% over the past year. Intense broadband competition and economic pressures drove the downturn.
Xfinity expanded same-day WiFi equipment delivery for new internet customers to remain competitive.
Retail investor sentiment on Stocktwits turned bullish following the price drop. Message volume spiked as some traders identified the slump as a buying opportunity.