DJ Verizon Communications Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Verizon Communications Inc. $(VZ)$ inched 0.03% higher to $39.94 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
The stock's rise snapped a five-day losing streak.
Verizon Communications Inc. closed $5.42 below its 52-week high ($45.36), which the company achieved on September 30th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 0.31% to $255.27, AT&T Inc. $(T)$ rose 0.40% to $22.84, and T-Mobile US Inc. $(TMUS)$ rose 0.61% to $221.66.
Trading volume (21.1 M) eclipsed its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 16:38 ET (21:38 GMT)
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