Verizon's stock is soaring Tuesday, putting it on track for its best day in 15 years.
Verizon stock is up more than 8%, making it on track to have the communications company's best day in almost 15 years.The last time Verizon had a day like this, it had not even launched its 4G LTE wireless network in the U.S.Verizon posted revenue of $33.34 billion versus the estimated $33.25 billion and adjusted earnings per share were $1.22 as opposed to the $1.18 estimate.
Verizon also adjusted its 2023 outlook, saying it expects free cash flow to total more than $18 billion, a $1 billion increase from previous guidance.in the United States. The two-day surge came in October 2008 with back-to-back daily increases of 10.1% and 14.6%, respectively.
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