Why Verizon Stock Recovered From Earnings Losses

The market is rethinking Verizon's earnings report.Verizon's (VZ 2.85%) shares fell on Monday after the telecom company reported first-quarter 2024 earnings, but that move reversed course on Tuesday. Shares are up 3% at 3:30 p.m. ET and peaked with an increase of 3.6%. But what happened between yesterday and today?Much ado about nothingAfter earnings were announced on Monday, shares of Verizon moved slightly higher for a short time and then plunged to about a 3% loss for the day. But the quarter wasn't all ...