Lumen’s stock slides toward 37-year low amid doubts company can ‘sharply diverge from its history’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Shares of Lumen were extending their declines Tuesday, off 5.2% and on track for their lowest close in 37 years.

Shares of Lumen Technologies Inc. were extending their declines Tuesday, off 5.2% and on track for their lowest close in 37 years.

See... Shares of Lumen Technologies Inc. were extending their declines Tuesday, off 5.2% and on track for their lowest close in 37 years. Louthan’s upgrade came after Lumen held a Monday investor-day presentation that highlighted the company’s attempts to deal with a business that is largely in decline.

“To join them, one must believe that Lumen’s results can sharply diverge from its history and the performance of the market in which it operates,” he wrote in a note to clients. “We don’t doubt that many of the steps the company is taking can improve its results.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock Market News: Oil spikes, Apple shares hit all-time high, Target downgradeOil prices jump after Saudi Arabia leads OPEC+ price cut, Apple CEO Tim Cook delivers keynote at WWDC, Target shares face second downgrade in week. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Sumber: FoxBusiness - 🏆 458. / 53 Baca lebih lajut »