Verizon Drops 6.2% in Six Months: Should You Buy the Dip?

Key Takeaways Verizon shares fell 6.2% in six months while trailing the tech sector and S&P 500.Soft demand in Business segment, heavy spending on promos and fierce competition continue to pressure margins.Wireless growth, fiber expansion and new customer wins highlight potential improvement.Verizon Communications Inc. (VZ) has dropped 6.2% in the last six months compared with the Wireless National industry’s decline of 9.4%. The stock has underperformed the Zacks Computer & Technology sector and the S&P 50 ...