Verizon Communications Inc
VZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| fM | LOCK|g@mT^ | LOCK|t>#bZ%h |
US Wireless Carriers: First-Quarter Competitive Intensity Looks Like a Small Bump in the Road
Verizon indicated at an investor conference that wireless competition has been more aggressive than usual thus far during the first quarter. Its shares slid 7%, giving back all the gains from a sharp rally over the prior week. AT&T and T-Mobile shares also dropped about 3%.
