Shares of Verizon Communications Inc.
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
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
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.
rose 2.02% to $143.76, Alphabet Inc. Cl A
rose 2.59% to $2,823.02, and AT&T Inc.
rose 1.26% to $25.62. Trading volume (26.0 M) eclipsed its 50-day average volume of 16.0 M.