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Verizon Communications Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Verizon Communications Inc. VZ, +2.41% rallied 1.11% to $51.92 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Verizon Communications Inc. closed $10.03 short of its 52-week high ($61.95), which the company reached on December 2nd.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. AAPL, +0.34% rose 2.02% to $143.76, Alphabet Inc. Cl A GOOGL, -1.02% rose 2.59% to $2,823.02, and AT&T Inc. T, +1.25% rose 1.26% to $25.62. Trading volume (26.0 M) eclipsed its 50-day average volume of 16.0 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.