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39.94
0.47%
-0.19
After Hours:
39.90
-0.04
-0.10%
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Why is Verizon Communications Inc (VZ) Stock down?
17 Jul, 2023:
VZ's stock dropped 7.5% after The Wall Street Journal articles raised concerns about lead in legacy cable sheathing used by telecom companies decades ago. The focus was primarily on AT&T, but Verizon was also mentioned. While AT&T has more legacy assets reaching homes, Verizon's focus has been on wireless assets for over two decades.
https://www.fool.com/investing/2023/07/17/why-verizons-stock-plunged-75-today/
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