Shares of Verizon Communications Inc.
slid 0.96% to $58.72 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.74% to 4,232.60 and the Dow Jones Industrial Average
rising 0.66% to 34,777.76. The stock’s fall snapped a seven-day winning streak. Verizon Communications Inc. closed $3.23 below its 52-week high ($61.95), which the company achieved on December 2nd.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
rose 0.53% to $130.21, Alphabet Inc. Cl A
rose 0.62% to $2,351.93, and AT&T Inc.
fell 0.77% to $32.16. Trading volume (15.7 M) remained 2.6 million below its 50-day average volume of 18.3 M.