Verizon's stock rises after biggest gain in five years on key subscriber metric
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Verizon's stock experienced its largest gain in five years after the company reported adding 568,000 postpaid phone subscribers in the fourth quarter.
January 24, 2025 | 12:30 pm
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Verizon's stock surged after the company reported a significant increase in postpaid phone subscribers, adding 568,000 in Q4, marking the largest stock gain in five years.
The addition of 568,000 postpaid phone subscribers is a key metric for Verizon, indicating strong customer growth and potential revenue increase. This positive news led to the largest stock gain in five years, suggesting a strong market reaction and likely continued positive sentiment in the short term.
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