Verizon Communications Inc.’s stock VZ was headed for its best day in more than two years Thursday amid a rally in the communications sector. Verizon’s stock was up 4.6% in afternoon trading and on pace to log its largest single-day percentage gain since Feb. 17, 2021, when it rose 5.2%, according to Dow Jones Market Data. Verizon’s daily surge comes as the Communication Services Select Sector SPDR Fund XLC is up 6% and on track for its third largest one-day percentage rally over the past three years. The strong daily sector performance is being helped by upbeat results from Meta Platforms Inc. META and Comcast Corp. CMCSA
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