Shares of Verizon Communications Inc.
inched 0.68% higher to $58.81 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.22% to 4,112.50 and the Dow Jones Industrial Average
rising 1.29% to 34,021.45. The stock’s rise snapped a two-day losing streak. Verizon Communications Inc. closed $3.14 short of its 52-week high ($61.95), which the company achieved on December 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
rose 1.79% to $124.97, Alphabet Inc. Cl A
rose 1.31% to $2,229.04, and AT&T Inc.
rose 0.75% to $32.21. Trading volume (13.3 M) remained 4.7 million below its 50-day average volume of 18.0 M.