Why Verizon Stock Was Sliding Today
VZVerizon(VZ) The Motley Fool·2024-04-23 01:10

Shares the telecom operator pulled back on underwhelming revenue growth in its Q1 report. Shares of Verizon (VZ -3.98%) 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. Verizon misses on revenue Verizon's first-quarter results weren't particularly troubling, but total revenue rose just 0.2% to $33 billion ...