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%

México Noticias Noticias

México Últimas Noticias,México Titulares

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.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »