DJ Verizon Communications Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Verizon Communications Inc. $(VZ)$ rose 2.01% to $39.67 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
The stock's rise snapped a three-day losing streak.
Verizon Communications Inc. closed $3.75 below its 52-week high ($43.42), which the company reached on April 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 2.88% to $218.54, AT&T Inc. $(T)$ rose 5.22% to $19.16, and T-Mobile US Inc. $(TMUS)$ rose 0.19% to $176.89.
Trading volume (22.8 M) eclipsed its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:39 ET (20:39 GMT)
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