Verizon stock price rises as VZ outpaces a falling market amid buyback focus, Senate cyber pressure
Verizon shares rose 1.3% to $46.85 in early Wednesday trading, near a one-year high, as about 19 million shares changed hands by 12:45 p.m. ET. The gain came despite broader market declines and as Senator Maria Cantwell pressed Verizon and AT&T to release documents on the “Salt Typhoon” cyber-espionage case. Verizon declared a $0.7075 quarterly dividend and outlined plans for $55 billion in shareholder returns through 2028.