Verizon’s stock heads for best day in two years amid sharp rally in communications stocks

Verizon Communications Inc.’s stock was headed for its best day in more than two years Thursday amid a rally in the communications sector.

Verizon’s VZ stock was up 4.7% 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…