39.88
price down icon0.15%   -0.0585
 
loading

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/

telecom_services T
$24.64
price up icon 0.76%
$34.46
price up icon 0.07%
$249.37
price up icon 0.89%
$349.00
price down icon 1.14%
telecom_services AMX
$14.61
price down icon 0.10%
Cap:     |  Volume (24h):