Verizon Communications is an American telecom company, one of the largest providers of wireless communications. The stock price depends on a number of factors. In particular, it’s the number of clients, this factor also directly influences the company’s income and revenue.
The price also is affected by the introduction of new services. With drops in quality clients leave, and the profit starts decreasing. New products and services provoke interest, and higher prices are expected if a new product proves to be of high quality.
The instrument’s price also depends on the economic crises in the US and the world. Such situations can make investors sell the stock on exchanges, driving the price down.
It’s also recommended to take into account the corporate tax policies in the US, higher rates mean lower profits and lower stock prices.
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