Verizon Communications Inc. is showing notable market movement today, up 1.2%, or roughly $2.8 billion gain.
The company has made notable gains in 5 of the last 7 trading sessions, with 3 of those days occurring consecutively from May 09-13.
Verizon Communications holds a market capitalization of $240.3 billion and represents 19.4% of the $1.2 trillion NASDAQ/NYSE telecommunications-equipment industry.
The industry overall is up today by 0.2%, which translates to a positive move of roughly $2.6 billion. Historically, the average daily return for the industry in week #19 has been 0.04%, while the mode daily return is -0.01%.
With a 42stocks weight of 334.3, Verizon Communications ranks #156 against 4657 symbols tracked, and #3 of 59 within the industry. A lower rank is more favorable, while a lower weight is less favorable.