Telecommunications giant Verizon (VZ) fell over 6% after Wolfe Research downgraded the stock from “Outperform” to “Peer Perform.” The downgrade

Verizon stock fell 3.3% to $41.99 in afternoon trading. A day earlier, the company issued disappointing commentary on its first quarter, and the stock dropped 6.6% to $43.43, its

Key Takeaways Verizon shares fell Tuesday after the company warned of soft subscriber growth.An executive pointed to growing competition, and the impact of higher prices.Customers are waiting longer now than in previous years to upgrade their devices,