Verizon Communications Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Verizon Communications Inc. (VZ) dropped 0.93% to $39.63 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of losses. Verizon Communications Inc. closed $15.88 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 Monday, as Apple Inc. (AAPL) rose 2.35% to $141.11, AT&T Inc. (T) fell 0.68% to $19.10, and T-Mobile US Inc. (TMUS) fell 0.52% to $144.37. Trading volume (34.2 M) eclipsed its 50-day average volume of 24.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 17:32 ET (22:32 GMT)
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