Verizon Communications (VZ) Stock Drops Despite Market Gains: Important Facts to Note

In the latest market close, Verizon Communications (VZ) reached $40.41, with a -1.29% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.26%. On the other hand, the Dow registered a gain of 0.18%, and the technology-centric Nasdaq increased by 0.35%.The the stock of largest U.S. cellphone carrier has risen by 1.34% in the past month, lagging the Computer and Technology sector's gain of 6.38% and the S&P 500's gain of 3.25%.Analysts and investors alike will be keeping a c ...