Shares of Verizon Communications Inc.
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
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
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.
rose 0.61% to $149.03, Alphabet Inc. Cl A
rose 1.32% to $2,888.59, and AT&T Inc.
rose 0.88% to $27.57. Trading volume (15.3 M) eclipsed its 50-day average volume of 14.1 M.