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Verizon Communications Inc. stock falls Monday, underperforms market

Editorial Staff by Editorial Staff
November 30, 2021
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Verizon Communications Inc. stock falls Monday, underperforms market

Shares of Verizon Communications Inc. VZ, -0.27% slumped 0.27% to $51.66 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.32% rising 1.32% to 4,655.27 and the Dow Jones Industrial Average DJIA, +0.68% rising 0.68% to 35,135.94. Verizon Communications Inc. closed $10.29 below its 52-week high ($61.95), which the company achieved on December 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. AAPL, +2.19% rose 2.19% to $160.24, Alphabet Inc. Cl A GOOGL, +2.35% rose 2.35% to $2,910.61, and AT&T Inc. T, -1.36% fell 1.36% to $23.89. Trading volume (18.6 M) remained 288,228 below its 50-day average volume of 18.9 M.

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