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Why Verizon Stock Fell 10.2% in the First Half of 2020

TheMotleyFool

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Why Verizon Stock Fell 10.2% in the First Half of 2020

Shares of Verizon Communications (NYSE: VZ) slumped 10.2% in the first six months of the year, according to data from S&P Global Market Intelligence. The telecommunications stock lost ground amid the market's coronavirus-driven sell-offs and mixed earnings reports that highlighted the highly competitive state of the mobile wireless industry.