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Verizon Communications Inc. stock rises Wednesday, still underperforms market

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Terrence Horan

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Shares of Verizon Communications Inc. VZ, -0.09% inched 0.29% higher to $54.57 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. Verizon Communications Inc. closed $7.38 short of its 52-week high ($61.95), which the company achieved on December 2nd.

The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, +0.06% rose 0.61% to $149.03, Alphabet Inc. Cl A GOOGL, +0.71% rose 1.32% to $2,888.59, and AT&T Inc. T, -0.22% rose 0.88% to $27.57. Trading volume (15.3 M) eclipsed its 50-day average volume of 14.1 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.