Verizon Stock Drops: Behind The Scenes Of Its Latest Earnings Report And What It Means For Investors
New York, NY – Verizon Communications showed signs of improvement in its consumer business during the first quarter, marking a shift from years of decline. However, despite the positive performance, the stock saw a decline of 3.1% to $39.22 on Monday, as investors remained cautious about potential impacts from the conclusion of a government program offering subsidies for internet services, among other factors. In the first three months of 2024, Verizon reported a net loss …