Shares gain for eighth session in a row
- Verizon’s stock is on track for its longest winning streak in over a decade
- Shares have gained for eight consecutive sessions
- The stock is still down for the year, but has advanced 4.5% in the current streak
Verizon Communications Inc. shares were up 1.3% in morning trading Tuesday, marking their eighth consecutive session of gains. This winning streak is the longest for the stock since March 2013. Over the current eight-session stretch, Verizon shares have advanced 4.5%. However, the stock is still down 5.5% for the year and is on track to record its fourth annual decline in a row.
Factuality Level: 8
Factuality Justification: The article provides factual information about the performance of Verizon Communications Inc. shares, including the percentage increase and the duration of the winning streak. The information is supported by data from Dow Jones Market Data. However, the article does not provide any analysis or context for the stock’s performance, which could be considered a minor digression.
Noise Level: 7
Noise Justification: The article provides some information about Verizon’s stock performance, but it lacks analysis, evidence, and actionable insights. It mainly focuses on short-term gains and losses without providing a broader context or discussing the reasons behind the stock’s performance.
Financial Relevance: Yes
Financial Markets Impacted: Verizon Communications Inc.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to the financial performance of Verizon Communications Inc. and its stock’s recent gains and declines.
Public Companies: Verizon Communications Inc. (VZ)
Key People:
Reported publicly:
www.marketwatch.com 
