VZ is trading 5.4% down at $44.03 after being removed from the Dow Jones Industrial Average.
- The index change became effective on June 29, 2026, triggering a sell-off as investors reacted to the exit.
- The Dow removal likely amplified existing downward pressure following a weak late-June stretch for the stock.
- Broader markets are firmer, suggesting the decline is company- and index-specific rather than market-driven.