Verizon Stock Dips, T-Mobile Stock Pops, As FCC Discloses Top 5G Auction Bidders

Verizon Stock Dips, T-Mobile Stock Pops, As FCC Discloses Top 5G Auction Bidders

Verizon as expected emerged as the highest bidder for 5G wireless spectrum in a government auction, followed by AT&T and T-Mobile. Verizon stock fell in extended trading while T-Mobile stock popped.