Verizon: Still Struggling

4/21/17

Verizon Communications (NYSE:VZ) reported Q117 results that further proves the wireless giant is still struggling with competition. The move to unlimited data pricing was indeed the time to place the stock in the penalty box.

Source: Verizon website

The stock is only down about 1% mid-day to $48.30. The question is whether the 4.7% yield is worth the risk that competition continues to chip away at profits.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.