Verizon stock falls after earnings as company cuts expectations

Verizon Communications Inc. The second major wireless carrier in the United States disappointed about its earnings this week, as the company cut its full-year financial forecast on Friday. Shares are down nearly 5% in pre-market trading. The company achieved net income in the second quarter of $5.32 billion, or $1.24 per share, compared to $5.94 …

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