10 Stocks Battered by Bearish Outlooks

8. Verizon Communications Inc. (NYSE:VZ)

Verizon snapped a three-day winning streak on Tuesday, losing 6.58 percent to end at $43.43 apiece as investor sentiment was dampened by expectations of lower subscriber count in the quarter.

At a conference organized by Deutsche Bank on Tuesday, VZ Chief Revenue Officer Frank Boulben said that the company expects soft subscriber growth after a challenging quarter, primarily due to growing competition coupled with the impact of price increases.

In a regulatory filing, gross new additions in the first quarter are expected to go flat or down from a year earlier.

Last January, VZ raised its prices for customers with five or more phone lines and those on older mobile plans that it no longer offers.