Shares of Verizon Communications Inc.
shed 0.19% to $57.49 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.77% to 4,128.80 and the Dow Jones Industrial Average
rising 0.89% to 33,800.60. This was the stock’s third consecutive day of losses. Verizon Communications Inc. closed $4.46 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 Friday, as Apple Inc.
rose 2.02% to $133.00, Alphabet Inc. Cl A
rose 0.90% to $2,270.67, and AT&T Inc.
rose 0.13% to $30.04. Trading volume (13.8 M) remained 5.7 million below its 50-day average volume of 19.6 M.