Verizon Stock: Losses and New Leadership – Bundlezy

Verizon Stock: Losses and New Leadership

NEW YORK / LONDON (IT BOLTWISE) – Verizon shares recently fell 0.9 percent to trade at $40.43. Despite these share price losses, the company is showing positive sales development and has appointed a new CEO who could shape the company’s future direction.

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Verizon shares fell 0.9 percent to trade at $40.43 in the most recent trading session in New York. The price temporarily fell to a low of $40.14 after opening at $40.59. The trading volume was recently over 2.5 million shares, which indicates keen interest from investors, despite the current price losses.

Looking at the long-term performance, the stock reached its 52-week high of $47.36 on March 11, 2025. This is 17.14 percent above the current price, showing the potential for recovery. The 52-week low was recorded on January 11, 2025 at $37.59, showing that the stock is operating in a volatile market environment.

Verizon paid a dividend of $2.69 per share in 2024 and is expected to increase slightly to $2.73 next year. This dividend policy could be attractive for investors looking for stable income. In addition, Verizon recently published its quarterly figures, which show a sales increase of 5.21 percent compared to the previous year. Earnings per share rose to $1.18 from $1.09 in the year-ago quarter.

The appointment of Dan Schulman, the former CEO of PayPal, as the new CEO of Verizon could also have an impact on the future direction of the company. Schulman is known for his strategic skills and could provide new impetus to overcome the challenges in the telecommunications sector. Analysts forecast EPS of $4.69 for 2025, indicating positive business development.


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Verizon Stock: Losses and New Leadership
Verizon shares: price losses and new leadership (Photo: DALL-E, IT BOLTWISE)

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