Options Traders Chime In on Verizon's Earnings Beat

Verizon Communications Inc. (NYSE:VZ) earlier reported a first-quarter earnings beat, though revenue missed the mark. The company also a saw much smaller-than-expected loss of wireless phone subscribers. The security is down 1.7% to trade at $39.82 at last check, despite surging above resistance form the 20-day moving average earlier in the session. The security still sports a 7.3% lead for 2024, thanks to its run up to an April 4, 52-week high of $43.42. Though shares are today looking to snap a three-day ...