Verizon Communications

VZ

Verizon Media is a division of Verizon Communications that focuses on media and online business. Verizon Communications acquired AOL in 2015. When Verizon Communications purchased Yahoo! in 2017, it merged AOL and Yahoo! into a subsidiary named Oath Inc.In December 2018, Verizon announced it would write down the combined value of its purchases of AOL and Yahoo! by $4.6 billion, roughly half.Verizon renamed the company Verizon Media in January 2019. Within Verizon Media, AOL and Yahoo! maintain their respective brands.

Verizon Communications has been a target of short sellers for a while. The current short interest of 2.01% is roughly at the average of the last 12 months (2.36%).