Shares of Verizon Communications Inc.
inched 0.15% higher to $58.69 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.07% to 4,167.59 and the Dow Jones Industrial Average
rising 0.29% to 34,230.34. This was the stock’s sixth consecutive day of gains. Verizon Communications Inc. closed $3.26 short of its 52-week high ($61.95), which the company reached on December 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
rose 0.20% to $128.10, Alphabet Inc. Cl A
rose 0.34% to $2,314.77, and AT&T Inc.
rose 0.03% to $32.03. Trading volume (10.7 M) remained 7.8 million below its 50-day average volume of 18.5 M.