Earnings Preview: What To Expect From Verizon On Wednesday [telecom]

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By Adam Sarhan

Verizon Communications Inc. is scheduled to report earnings before Wednesday's open. The stock hit a record high of $69.50/share in 1999 and is currently trading near $58/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down...