Stock Market Today, June 30: Verizon Falls as Investors Weigh Dow Removal and BT Venture Costs

Verizon (VZ) closed at $42.34, down 3.99%, as shares slid on Dow Jones index removal and restructuring-charge headlines. Investors appear focused on continued profitability and the next steps around restructuring, contributing to a cautious tone around the stock.

Analysis

Verizon (VZ) closed at $42.34, down 3.99%, as shares slid on Dow Jones index removal and restructuring-charge headlines. Investors appear focused on continued profitability and the next steps around restructuring, contributing to a cautious tone around the stock.