This poor-performing telecom company elected to go with something of a contrarian business strategy. This hasn't really worked out, and it's now in turnaround mode.
Lumen (LUMN) launches an enhanced Wi-Fi 7 device to bring superior coverage, power and overall enhanced experience to its users.

A Dive Into Lumen's Stabilization Guidance

09:25am, Monday, 01'st Jan 2024
This will be my third article about Lumen. The bullish case is a bet that management will hit stabilization guidance. The point of this article is to dive into the financials to see how realistic the

Why Lumen Stock Surged Today

05:03pm, Thursday, 21'st Dec 2023
A recent report suggests that Lumen will be able to extend the deadline on restructuring its debt. The stock looks very cheap by some metrics.
For investors, there's no shortage of penny stocks from which to choose within the biopharma sector. Successful companies in this industry often achieve strong returns due to FDA approval.
Lumen (LUMN) seeks to extend the deadline by one month, with a closing date of Jan 31, 2024, per Bloomberg.
Lumen Technologies trades well below its book value as the stock has crashed over the past few years. It is carrying close to $20 billion in debt on its books, while its cash balance has been falling
Lumen's stock has plunged since its rebranding three years ago. Doubling down on the wireline market backfired and boosted its debt.

Lumen Technologies: Buy the Dip?

07:00am, Monday, 11'th Dec 2023
Lumen has made some improvements under new CEO Kate Johnson. However, the company's massive debt load poses risks to the plan.
Lumen Technologies has continued to decline as its telecom and internet infrastructure keeps losing out to newer competitors. Debt payoff is ongoing, but the business is still in a deep hole.
Lumen Technologies, Inc. (NYSE:LUMN ) UBS Global TMT Conference Call December 5, 2023 11:15 AM ET Company Participants Chris Stansbury - Executive Vice President and Chief Financial Officer Conference
Lumen Technologies, Inc. (NYSE:LUMN ) Bank of America 2023 Leverage Finance Conference November 28, 2023 2:10 PM ET Company Participants Chris Stansbury - Executive Vice President and Chief Financial

Why Lumen Technologies Was on the Rise Today

04:31pm, Tuesday, 07'th Nov 2023
Lumen announced a new five-year contract with the Department of Defense. Insiders bought over $1.5 million in stock last week after its post-earnings plunge.
If you're looking for penny stocks to invest in right now, you've got your work cut out for you. That's because the initial strategy when approaching cheap stocks is to trade them in the short term in

Why Lumen Stock Is Gaining Today

01:38pm, Monday, 06'th Nov 2023
Lumen Technologies is gaining after the company disclosed insider buying to the SEC. CEO Kate Johnson and CFO Christopher Stansbury both bought significant amounts of Lumen stock late last week.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE