Dow Jones (DJIA) Today: Verizon Communications (VZ) Lags

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer..

The Dow Jones Industrial Average ( ^DJI) is trading down 42.0 points (-0.2%) at 18,034 as of Thursday, Jun 4, 2015, 9:36 a.m. ET. During this time, 24.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 360.7 million. The NYSE advances/declines ratio sits at 607 issues advancing vs. 2,064 declining with 263 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Holding back the Dow today is Verizon Communications (NYSE: VZ), which is lagging the broader Dow index with a 98-cent decline (-2%) bringing the stock to $48.10. This single loss is lowering the Dow Jones Industrial Average by 7.42 points or roughly accounting for 17.7% of the Dow's overall loss. Volume for Verizon Communications currently sits at 4.7 million shares traded vs. an average daily trading volume of 14.9 million shares.

Verizon Communications has a market cap of $200.42 billion and is part of the technology sector and telecommunications industry. Shares are up 4.9% year-to-date as of Wednesday's close. The stock's dividend yield sits at 4.5%.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

If you liked this article you might like

A Sprint/T-Mobile Deal Still Faces Big Hurdles, Especially for Sprint

Wall Street Overlooks Trump's North Korea Threats to Hit New Records

Cramer: Under Trump, These Are Probably Done Deals

Stocks on Track for Records Even as Trump Goes After North Korea

'Free' iPhone Deals From Wireless Carriers Not as Good as They Were Last Year