Verizon Communications Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Verizon Communications Inc. (VZ) inched 0.23% higher to $40.06 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. The stock's rise snapped a two-day losing streak. Verizon Communications Inc. closed $15.45 short of its 52-week high ($55.51), which the company reached on April 21st.
The stock outperformed some of its competitors Thursday, as Apple Inc. (AAPL) rose 0.04% to $135.27, AT&T Inc. (T) fell 0.42% to $18.94, and T-Mobile US Inc. (TMUS) fell 0.52% to $145.14. Trading volume (24.8 M) eclipsed its 50-day average volume of 23.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 17:31 ET (22:31 GMT)
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