Why Verizon Stock Was Sliding Today
Shares of Verizon (NYSE: VZ) were heading lower today as the telecom came up short on the top line in its first-quarter earnings report. The company also lost postpaid net subscribers in the seasonally slow quarter.
As a result, the stock was down 3.4% as of 11:36 a.m. ET on Monday.
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Source Fool.com