Shares of Verizon Communications Inc. VZ, +0.36% inched 0.36% higher to $36.68 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.45% falling 1.45% to 3,861.59 and Dow Jones Industrial Average DJIA, -1.07% falling 1.07% to 31,909.64. The stock’s rise snapped a five-day losing streak. Verizon Communications Inc. closed $18.83 below its 52-week high ($55.51), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. AAPL, -1.39% fell 1.39% to $148.50, AT&T Inc. T, +0.60% rose 0.60% to $18.43, and T-Mobile US Inc. TMUS, -1.12% fell 1.12% to $139.51. Trading volume (23.9 M) eclipsed its 50-day average volume of 21.0 M.