- Warren Buffett's Berkshire Hathaway established an 11M-share stake in Verizon (NYSE:VZ) in Q1, according to the company's 13F. The stake has a current value of $533M.
- Dan Loeb's Third Point LLC took a 3.5M-share stake in the telco in Q1., The stake has a current value of $170M.
- The votes of confidence come amid worries (heightened by Verizon's Q1 numbers) about the impact of intensifying U.S. mobile price competition.
- VZ +1.5% AH
Buffett, Loeb disclose stakes in Verizon
Recommended For You
About VZ Stock
Related Stocks
| Symbol | Last Price | % Chg |
|---|---|---|
| VZ | - | - |
| Verizon Communications Inc. | ||