Communications Climb as Traders Buy Into Verizon -- Communications Services Roundup

Communications services companies rose slightly as traders rotated into some of the issues that lagged in 2023.

Shares of Verizon Communications rose 2%, and are up 7.5% in the last five sessions. Nonetheless, the largest U.S. carrier has lost 4.7% during the last 12 months, even as the tech sector took flight.

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(END) Dow Jones Newswires

01-05-24 1744ET