NYSE:VZTelecom
A Look At Verizon (VZ) Valuation After Network Outage And Cost Cuts
Verizon Communications (VZ) is back in focus after a major network outage disrupted service for hundreds of thousands of customers, just as management leans into cost cuts, sponsorship reviews, and modest near term growth guidance.
See our latest analysis for Verizon Communications.
The outage headlines sit against a backdrop of a stronger recent share price trend, with Verizon’s 30 day share price return of 8.74% and 90 day share price return of 22.62% helping lift the stock to US$51.12. Its...