This Senator Just Sold Up To $250K In Verizon Communications Stock
Portfolio Pulse from Benzinga Insights
Senator John W Hickenlooper's office reported a sale of Verizon Communications (NYSE:VZ) stock valued between $100,001 and $250,000 on June 15, 2023. Verizon shares are trading down 0.26% at $36.34.
June 16, 2023 | 3:05 pm
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Senator Hickenlooper's office reported a sale of Verizon Communications stock valued between $100,001 and $250,000. Shares are trading down 0.26%.
The sale of Verizon Communications stock by Senator Hickenlooper may have a short-term negative impact on the stock price, as it could be perceived as a lack of confidence in the company's future performance. However, it is important to note that congressional transactions should not be used primarily to make investing decisions, and the reasons for the sale may not necessarily indicate a negative outlook for the stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100