Stock Market Today, June 29: Verizon Drops After Dow Removal and BT Group Joint Venture Drives Heavy Selling

Verizon Communications (NYSE:VZ), a wireless and broadband telecom services provider, closed at $44.08, down 5.30%. Verizon fell after the stock was removed from the Dow Jones Industrial Average last week, alongside the company’s announcement of a new joint venture with BT Group https://www.nasdaq.com/articles/stock-market-today-june-29-verizon-drops-after-dow-removal-and-bt-group-joint-venture