The new year is bringing new momentum for Verizon Communications Inc.'s stock.
The stock suffered its worst annual decline in 17 years during 2022, though it eked out gains during the final two sessions of the year. It has also risen in each of the first four sessions of 2023, putting Verizon’s VZ stock on track for its longest winning streak since August 2021.The stock suffered its worst annual decline in 17 years during 2022, though it eked out gains during the final two sessions of the year.
Verizon spent much of 2022 in Wall Street’s doghouse after a string of subscriber losses that were at odds with what the company’s main peers, T-Mobile US Inc. TMUS and AT&T T , were showing.
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