Verizon Down the Day After Its Big Acquisition and 2 Other Hot Stocks to Watch

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Verizon Communications Inc. (NYSE:VZ): Current price $45.70

Verizon shares are down almost 3.5 percent in New York Tuesday morning in heavy trading, the day after the company agreed to acquire Vodafone Group’s 45-percent interest in Verizon Wireless for $130 billion. Vodafone shares lost 5.5 percent on Tuesday in London, while United States depositary shares were down over 3 percent. The purchase was announced after the close of the European markets Monday when American markets were closed for Labor Day.


More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business