Verizon Down Over 5%, on Pace for Largest Percent Decrease Since August 2011 -- Data Talk
February 28 2020 - 11:44AM
Dow Jones News
Verizon Communications Inc. (VZ) is currently at $52.28, down
$2.78 or 5.05%
-- Would be lowest close since Aug. 13, 2018, when it closed at
$52.22
-- On pace for largest percent decrease since Aug. 8, 2011, when
it fell 5.51%
-- The Federal Communications Commission is seeking hundreds of
millions of dollars in fines from the country's top cellphone
carriers after officials found the companies failed to safeguard
information about customers' real-time locations, according to
people familiar with the matter. The telecommunications regulator
in recent weeks informed AT&T Inc., Sprint Corp., T-Mobile US
Inc. and Verizon Communications Inc. of pending notices of apparent
liability, the people said
-- Currently down four of the past five days
-- Currently down two consecutive days; down 8.51% over this
period
-- Worst two day stretch since the two days ending Nov. 6, 2008,
when it fell 10.3%
-- Down 12.05% month-to-date
-- Down 14.85% year-to-date
-- Down 16.08% from its all-time closing high of $62.29 on Oct.
4, 1999
-- Would be a new 52-week closing low
-- Traded as low as $52.18; lowest intraday level since Aug. 6,
2018, when it hit $51.76
-- Down 5.23% at today's intraday low; largest intraday percent
decrease since Nov. 6, 2017, when it fell as much as 5.44%
-- Sixth worst performer in the DJIA today
-- Subtracted 18.85 points from the DJIA so far today
All data as of 11:05:02 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 28, 2020 11:29 ET (16:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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