Why Did Lumen Technologies Inc. (LUMN) Jump Yesterday? [Yahoo! Finance]
Lumen Technologies, Inc. (LUMN)
Company Research
Source: Yahoo! Finance
are going to take a look at where Lumen Technologies Inc. (NYSE:LUMN) stands against the other stocks that jumped yesterday. Broader indices haven't been performing very well since the Fed's not so surprise revelation about the number of expected cuts in 2025. Nevertheless, several stocks on Thursday posted notable gains. Lumen Technologies, Inc. (LUMN) Partners with Prometheus Hyperscale to Enhance Sustainable AI Infrastructure Close-up of a technician's hands adjusting a communication router. Lumen Technologies Inc. (NYSE:LUMN) Telecommunications firm Lumen Technologies (LUMN) saw its share price increase by 4.66 percent on Thursday amid news that it was selling its consumer fiber operations to switch its focus on AI boom to power its near-term growth. The move also forms part of the company's strategy to phase out its legacy mass market business and reduce its sizable debt pile. Based in Monroe, Louisiana, Lumen (LUMN) is working with investment bankers at Goldman Sac
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LUMN
News
- Lumen Technologies, Inc. (NYSE: LUMN) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $4.25 price target on the stock, up previously from $4.00.MarketBeat
- Lumen Reportedly Looking to Offload its Consumer Fiber Business [Yahoo! Finance]Yahoo! Finance
- Dataprise Welcomes Accomplished Finance Leader Siobhan de Leeuw as New Chief Financial OfficerPR Web
- Lumen & Prometheus Hyperscale Partner for Sustainable AI Data Centers [Yahoo! Finance]Yahoo! Finance
- Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers [Yahoo! Finance]Yahoo! Finance
LUMN
Earnings
- 11/5/24 - Beat
LUMN
Sec Filings
- 11/20/24 - Form 3
- 11/13/24 - Form 4
- 11/12/24 - Form 4
- LUMN's page on the SEC website