DJ Verizon Communications Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Verizon Communications Inc. $(VZ)$ shed 1.72% to $43.30 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.63% to 5,604.14 and the Dow Jones Industrial Average rising 0.21% to 40,752.96.
The stock's fall snapped a three-day winning streak.
Verizon Communications Inc. closed 8.56% short of its 52-week high of $47.36, which the company reached on March 10th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 0.39% to $213.32, AT&T Inc. $(T)$ fell 0.22% to $27.64, and T-Mobile US Inc. $(TMUS)$ rose 0.02% to $247.00.
Trading volume (18.6 M) remained 8.5 million below its 50-day average volume of 27.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2025.
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May 01, 2025 16:34 ET (20:34 GMT)
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