Telecommunications giant Verizon (VZ) fell over 6% after Wolfe Research downgraded the stock from “Outperform” to “Peer Perform.” The downgrade

Verizon warned on Tuesday that first-quarter subscriber growth would likely be "soft" as rival carriers attract customers with promotions, sending its shares down 5.3% in premarket trading. The U.S. wireless giant pulled back on customer incentives after the promotion-heavy December quarter,