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Shares of Verizon Communications Inc. (VZ) slipped 2.41% to $40.85 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. The stock's fall snapped a two-day winning streak. Verizon Communications Inc. closed $14.66 short of its 52-week high ($55.51), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 0.88% to $135.94, AT&T Inc. (T) fell 1.13% to $19.33, and T-Mobile US Inc. (TMUS) fell 1.80% to $146.98. Trading volume (28.7 M) eclipsed its 50-day average volume of 23.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 17:32 ET (22:32 GMT)
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