Shares of Verizon Communications Inc.
slumped 0.40% to $55.68 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.86% to 4,320.82 and Dow Jones Industrial Average
falling 0.75% to 34,421.93. Verizon Communications Inc. closed $6.27 short of its 52-week high ($61.95), which the company achieved on December 2nd.
Despite its losses, the stock outperformed some of its competitors Thursday, as Apple Inc.
fell 0.92% to $143.24, Alphabet Inc. Cl A
fell 1.13% to $2,500.88, and AT&T Inc.
fell 0.81% to $28.18.true Trading volume (18.3 M) eclipsed its 50-day average volume of 15.9 M.