|Bid||64.01 x 300|
|Ask||64.48 x 400|
|Day's Range||63.05 - 64.50|
|52 Week Range||44.35 - 68.88|
|PE Ratio (TTM)||33.07|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Shares of Verizon Communications (VZ) are up 24 cents, or half a percent, at $48.39, after the company this morning announced new “unlimited” data plans, an extension of its offering made in February, claiming the new pricing and features, such as hi-def video streaming to mobile devices, is “an even better value” than the prior plans. Are they extending Verizon’s competitive each against T-Mobile US (TMUS), and Sprint (S), or are they merely a way to milk customers for more money? Jennifer Fritzsche of Wells Fargo, who rates Verizon stock Market Perform, thinks this is “not a huge surprise” given it was hinted at with the first announcement in February.
Verizon split one simple plan into two more complicated options.
Applied Optoelectronics Inc (NASDAQ:AAOI) is up 175% since 2017 started. What is surprising is the near 40% drop in AAOI stock’s price in the past couple weeks. On the one hand, AT&T Inc (NYSE:T), Verizon Communications Inc. (NYSE:VZ), T-Mobile US Inc (NASDAQ:TMUS) and others are spending billions to get the fastest networks with the best bandwidth to market ahead of the competition.