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Stock impact report

Why Verizon Stock Soared Today [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
By the close of trading, Verizon's stock price was up more than 11%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » New CEO Dan Schulman wants Verizon to "play to win." The previously lumbering telecom giant is responding to their chief executive's challenge. Verizon delivered its highest quarterly net customer additions since 2019. It gained 616,000 postpaid phone and 372,000 broadband subscribers in the fourth quarter. Schulman signaled that he intends to make it more difficult for rivals like AT&T and T-Mobile to wrestle away customers. "Verizon will no longer be a hunting ground for our competitors," Schulman said in a press release. Verizon's total fourth-quarter operating revenue rose 2% year over year to $36.4 billion. The company's adjusted earnings per share declined by less than 1% to $1.09. However, that bested Wall Street's estimates, which Show less Read more
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