Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff. - MarketWatch
1. Verizon's stock fell over 7% amid competitive challenges. 2. CRO warns of a challenging quarter with tough comparisons. 3. Consumers are keeping phones longer, averaging over 41 months. 4. Expectations of slow Q1 growth but a ramp-up later this year. 5. Pricing strategies generated over $1 billion in service revenue.