Verizon Communications Inc. Stock Falls Wednesday, Underperforms Market

China Finance Inc

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Company profile

China Finance, Inc., through its wholly owned subsidiary, Shenzhen Hua Yin Guaranty and Investment Limited Liability Corporation (SHY), is engaged in providing surety guarantees for privately owned small and medium enterprises (SMEs) (or operating companies) in the People’s Republic of China entering into transactions, whereby the SME will be acquired by a publicly traded United States reporting company in a reverse merger or other merger and acquisition transaction; providing loan guarantees to assist SMEs and individuals in China in obtaining loans from Chinese banks for business operations and/or personal use, and making direct loans to SMEs for business operations. In addition, the Company is seeking direct investments (including, without limitation, controlling investments) in SMEs that would be made through the Company’s wholly owned subsidiary, Value Global International Limited.

Verizon Communications Inc. Stock Falls Wednesday, Underperforms Market

5:31 pm ET January 25, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Verizon Communications Inc. (VZ) slid 0.22% to $40.33 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the S&P 500 Index falling 0.02% to 4,016.22. Verizon Communications Inc. closed $15.18 below 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 Wednesday, as Apple Inc. (AAPL) fell 0.47% to $141.86, AT&T Inc. (T) rose 6.58% to $20.42, and T-Mobile US Inc. (TMUS) rose 1.55% to $148.07. Trading volume (26.5 M) eclipsed its 50-day average volume of 24.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.

(END) Dow Jones Newswires

January 25, 2023 17:31 ET (22:31 GMT)