AMC Stock – VeriSign Inc. stock outperforms market despite losses on the day
Shares of VeriSign Inc.
slumped 0.79% to $217.92 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.85% to 4,127.83 and Dow Jones Industrial Average
falling 0.78% to 34,060.66. This was the stock’s second consecutive day of losses. VeriSign Inc. closed $7.04 below its 52-week high ($224.96), which the company reached on May 7th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Verizon Communications Inc.
fell 1.31% to $57.18, AT&T Inc.
fell 5.80% to $29.55, and International Business Machines Corp.
fell 0.83% to $143.91.true Trading volume (355,280) remained 257,638 below its 50-day average volume of 612,918.