Verizon Slides 0.10 as 63rd Most Active Stock Amid Regulatory Scrutiny and 5G Expansion Delays

On October 7, 2025, Verizon (VZ) closed with a 0.10% decline, trading at $49.85 with a daily volume of 1.41 billion shares, ranking 63rd in market activity. The telecom giant's muted performance reflected mixed market sentiment amid evolving sector dynamics.

Recent developments highlighted regulatory scrutiny intensifying on major U.S. carriers. A federal investigation into data privacy protocols across wireless providers raised concerns about potential compliance costs. While no specific penalties were announced, analysts noted the inquiry could impact capital allocation strategies for infrastructure upgrades.

Verizon's 5G expansion plans remained a focal point, with the company recently securing spectrum rights in three key metropolitan areas. However, industry observers emphasized that deployment timelines would depend on local permitting processes and infrastructure-sharing agreements with rival operators.

To run this back-test rigorously I need to confirm a few implementation details that will affect the data retrieval and the way we code the strategy: 1. Market universe • Which exchange(s) or country are we drawing the “top-500-by-volume” stocks from? (e.g., all U.S. listed shares, only NYSE + NASDAQ, a specific index constituent list, etc.) 2. Re-balancing mechanics • Do we buy the top-500 names at that day’s close and liquidate them entirely at the next day’s close? • Equal-weight allocation across the 500? (default) • Any slippage / transaction-cost assumption you’d like applied? 3. Benchmark / comparison • Should we also compute a benchmark return (e.g., S&P 500) for context? 4. Data granularity • Our platform’s back-test engine currently handles one ticker at a time; multi-asset baskets are modeled either (a) via a custom index we pre-compute, or (b) approximated with an ETF proxy. • If you would like the full basket return, we’ll need to build a “synthetic portfolio index” from the underlying stocks before feeding it into the engine. That is feasible, but please confirm you’re okay with that extra processing step. Once I have these details, I’ll lay out the data-retrieval plan and start running the back-test.