Verizon stock rises as yields slide; Senate phone-records hearing adds scrutiny
Verizon shares rose 1.4% to $47.69 by 2:40 p.m. EST Tuesday as Treasury yields fell after weak U.S. retail sales. Senators questioned Verizon and other carriers over handling subpoenas for lawmakers’ phone records tied to the Jan. 6 probe. Director Clarence Otis Jr. will not seek re-election at the 2026 annual meeting, according to a new SEC filing.