Reasons

Reasons Behind the Decline in Verizon Stock Price Today

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Reasons Behind the Decline in Verizon Stock Price Today

Verizon Communications (NYSE: VZ) saw a decline in its stock price today following disappointing revenue results. The telecom company attributed this to weakness in wireless equipment sales and a slow phone upgrade cycle. As of 11:44 a.m. ET, Verizon’s stock had dropped by 4.3%. Verizon’s core wireless service business showed steady growth, with revenue increasing … Read more

Reasons for the stock market to decline by 7% before mid-November, as predicted by a technical analyst

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Reasons for the stock market to decline by 7% before mid-November, as predicted by a technical analyst

According to technical analyst Mark Newton of Fundstrat, the stock market could experience a 7% correction by mid-November. Newton believes that investor complacency and weak seasonal trends could trigger this decline. However, he views any potential pullback as a buying opportunity, commonly known as a “buy the dip” strategy. Newton stated in a note to … Read more