Verizon Communications Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Verizon Communications Inc. (VZ) inched 0.12% higher to $41.86 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's second consecutive day of gains. Verizon Communications Inc. closed $13.65 short of its 52-week high ($55.51), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. (AAPL) rose 1.01% to $134.76, AT&T Inc. (T) rose 0.72% to $19.55, and T-Mobile US Inc. (TMUS) fell 0.15% to $149.68. Trading volume (17.2 M) remained 6.3 million below its 50-day average volume of 23.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 17:31 ET (22:31 GMT)
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