Higher demand for Lumen's PCF solutions amid rapid AI proliferation is an encouraging development.
Lumen (LUMN) reported earnings 30 days ago. What's next for the stock?
Lumen (LUMN 7.32%) stock is climbing higher in Wednesday's trading, thanks to favorable demand indicators and momentum for the broader market. The telecommunications technologies company's share price was up 6.8% as of 2:45 p.m.
Applied Digital (APLD -14.00%) and Lumen Technologies (LUMN 1.48%) represent two unique ways to invest in the growing artificial intelligence (AI) market. Applied Digital builds data centers for AI services and other high-performing computing (HPC) applications that require lots of computing power.
Lumen Technologies, Inc. (NYSE:LUMN ) Raymond James Annual Institutional Investors Conference March 3, 2025 11:00 AM ET Company Participants Chris Stansbury - Chief Financial Officer Conference Call Participants Frank Louthan - Raymond James Frank Louthan Good morning. My name is Frank Louthan, I'm the Senior Wireline Analyst here at Raymond James.
Lumen (LUMN 5.07%) stock is posting big gains in Wednesday's trading. The company's share price was up 5.5% as of 3 p.m.
Lumen's stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.
Lumen (LUMN 2.54%) stock managed to post gains in Tuesday's trading despite a big pullback for artificial intelligence (AI) stocks. The telecom specialist's share price ended the session up 2.5% despite a 0.5% pullback for the S&P 500 index and a 1.4% decline for the Nasdaq Composite.
Lumen (LUMN -7.08%) stock lost significant ground Monday. The company's share price closed out the day down 7.1%.
Lumen (LUMN -0.64%) stock ended Friday's trading in the red despite posting big gains early in the session. The telecommunications company's share price ended the day down 0.5%, even though it had been up as much as 7.9%.
LUMN's fourth-quarter revenue performance is affected by headwinds in the legacy business. Momentum in Quantum Fiber and PCF deals bodes well.
Shares of Lumen Technologies (LUMN -3.95%) are down Wednesday. The firm's stock lost 3.4% as of 1 p.m.