Why Verizon Stock Inched Higher Today

Verizon Communications' (VZ 1.83%) major news on Wednesday was entirely expected. Still, it helped push the company's stock into positive territory. Verizon's shares closed the trading session nearly 2% in response, providing a positive contrast to the flatlining S&P 500 index.Say hello to a shiny new assetIn this month of high-profile elections, Verizon's news had to do with a shareholder vote. Frontier Communications Parent (FYBR 1.52%) investors were polled in a special shareholders meeting to either acc ...