Verizon stock up despite fresh network outage — what Wall Street watches into earnings
Verizon reported a wireless voice and data outage affecting over 170,000 users, with engineers working to resolve the issue. Despite the disruption, Verizon shares rose about 1.8% to $39.70 in midday trading. The company has not disclosed the cause or a timeline for full restoration. Investors are watching for updates ahead of the Jan. 30 earnings report.