Verizon Communications On Pace for 7-Day Losing Streak -- Data Talk
October 21 2020 - 1:18PM
Dow Jones News
Verizon Communications Inc. (VZ) is currently at $57.10, down
$0.15 or 0.25%
-- Would be lowest close since July 27, 2020, when it closed at
$56.87
-- Currently down seven consecutive days; down 4.11% over this
period
-- Earlier Wednesday, Verizon Communications reported that
third-quarter profit fell to $4.5 billion, or $1.05 a share, from
$5.34 billion, or $1.25 a share, for the year-earlier period. Total
revenue dropped 4.1%, to $31.54 billion. Analysts polled by FactSet
had predicted $31.59 billion for the latest period
-- Longest losing streak since Sept. 8, 2017, when it fell for
nine straight trading days
-- Worst seven day stretch since the seven days ending June 26,
2020, when it fell 6.16%
-- Down 4.01% month-to-date
-- Down 7% year-to-date; on pace for worst year since 2008, when
it fell 22.06%
-- Down 8.33% from its all-time closing high of $62.29 on Oct.
4, 1999
-- Down 6.20% from 52 weeks ago (Oct. 23, 2019), when it closed
at $60.88
-- Down 8% from its 52 week closing high of $62.07 on Dec. 20,
2019
-- Up 14.35% from its 52 week closing low of $49.94 on March 25,
2020
-- Traded as low as $56.85
-- Down 0.7% at today's intraday low
-- Subtracted 0.99 points from the DJIA so far today
All data as of 12:41:06 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 21, 2020 13:03 ET (17:03 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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