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.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: FoxBusiness - 🏆 458. / 53 Read more »