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0 -0.0010291595197256 0.000514579759862798 0.000514579759862798 0.00197255574614069 -0.00540308747855926 -0.00814751286449402 -0.00883361921097771
Stock impact report

Is Verizon Stock A Buy? Outperforms AT&T Amid Coronavirus, But 5G Slowed [Investor's Business Daily]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Related news Verizon stock often attracts income-oriented investors. If 5G wireless services reignite earnings and revenue growth, however, VZ stock might have much greater appeal. Verizon Communications ( VZ ) and telecom rival AT&T ( T ) are viewed as defensive plays because of high dividends . A Dow component, Verizon stock pays a 4.6% dividend. During the coronavirus pandemic, Verizon stock has outperformed AT&T stock. Verizon holds less debt than AT&T, which also has been stung by subscriber losses at satellite TV broadcaster DirecTV. AT&T Chief Executive Randall Stephenson plans to step down July 1. Verizon on April 24 lowered its 2020 earnings outlook and withdrew revenue guidance as the coronavirus emergency impacted its wireless and media businesses. Meanwhile, T-Mobile US ' ( TMUS ) acquisition of Sprint closed April 1. The merger will create a stronger rival to Verizon and AT&T, due to T-Mobile's spectrum holdings for 5G wireless services. Thanks to low interest rates, Ver Show less Read more
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