Thread regarding Verizon Communications Inc. layoffs

A Swing, And A Miss (or: Why Verizon Stocks Are Going Down)

https://seekingalpha.com/article/4226340-verizon-5g-pause

Verizon: 5G Pause

Stone Fox Capital

Summary

The news on the Samsung 5G Galaxy and iPhone should solidify that 5G won't be ready for prime time anytime soon.

Verizon recently hit $60, topping off a big rally since the summer.

The improved payout ratio from AT&T will make Verizon a source of funds as investors flip into that much higher dividend yield.

The announcement that Samsung and Verizon Communications won't launch a 5G phone until next year will likely lead to a pause in Verizon stock. The stock recently hit my target at $60 likely on the back of 5G excitement. The lack of devices to connect to a 5G network should cause the excitement over the new technology to come to a sudden halt.


Hype only get you so far.

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Post ID: @OP+Wvd0zb1

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To be fair that's a poorly written analysis. He has nothing to add but speculation and his views are not grounded in the current 5G reality we're keeping secret; it's a dumpster fire.

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Post ID: @dcw+Wvd0zb1

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