Lumen Technologies (LUMN) has seen its stock price skyrocket 362% in the past three months. This meteoric rise has undoubtedly caught the attention of investors, prompting questions about whether to capitalize on gains or maintain a long-term investment stance. Image Source: Zacks Investment Research Closing at $5.68 as of yesterday's trading session, LUMN stock is currently trading 27.5% below its 52-week high of $7.83, attained on Aug. 7, 2024. Technical indicators are supportive of Lumen's strong perform ...

Lumen Technologies, Inc. (NYSE:LUMN) Goldman Sachs Communacopia and Technology Conference Call September 9, 2024 7:25 PM ET Company Participants Chris Stansbury - Executive Vice President & Chief Financial Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Good afternoon everybody. Welcome to the Goldman Sachs Communacopia and Technology Conference. My name is Jim Schneider; I am the telecom analyst here at Goldman. It's my pleasure to introduce Lumen Technologies and CFO, Chri ...

Lumen Technologies, Inc. (NYSE:LUMN) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 8:50 AM ET Company Participants Chris Stansbury - EVP and CFO Conference Call Participants Dave Barden - Bank of America Merrill Lynch Dave Barden All right. So guys, everybody, welcome to round two. Thanks for joining. I'm Dave Barden. I head up telecom infrastructure research for the U.S. and Canada for the bank. I'm really pleased, again, to have Chris Stansbury back in the Oct ...

Lumen Technologies, Inc. (NYSE:LUMN) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 8:50 AM ET Company Participants Chris Stansbury - EVP and CFO Conference Call Participants Dave Barden - Bank of America Merrill Lynch Dave Barden All right. So guys, everybody, welcome to round two. Thanks for joining. I'm Dave Barden. I head up telecom infrastructure research for the U.S. and Canada for the bank. I'm really pleased, again, to have Chris Stansbury back in the Oct ...

Lumen Technologies, Inc. (NYSE:LUMN) Citi's 2024 Global TMT Conference September 4, 2024 12:30 PM ET Company Participants Chris Stansbury - EVP, CFO Conference Call Participants Brian Badillo - Citi Brian Badillo Thank you all. Is it 12:30 as we're starting or 12:30. Okay. Great. Well, thank you all for coming. Appreciate you've taken the time to join us here. I have the pleasure to be joined by Chris Stansbury from Lumen. Myself, I'm Brian Badillo from Citi. I'm part of the sales team at Citi. So some of y ...

Lumen Technologies, Inc. (NYSE:LUMN) Citi's 2024 Global TMT Conference September 4, 2024 12:30 PM ET Company Participants Chris Stansbury - EVP, CFO Conference Call Participants Brian Badillo - Citi Brian Badillo Thank you all. Is it 12:30 as we're starting or 12:30. Okay. Great. Well, thank you all for coming. Appreciate you've taken the time to join us here. I have the pleasure to be joined by Chris Stansbury from Lumen. Myself, I'm Brian Badillo from Citi. I'm part of the sales team at Citi. So some of y ...

DENVER, Sept. 3, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced that it has commenced offers to exchange newly-issued superpriority senior secured notes for certain of its outstanding unsecured senior notes. In addition, Lumen also announced that Level 3 Financing, Inc., its indirect, wholly-owned subsidiary ("Level 3" and, together with Lumen, the "Issuers"), has commenced offers to exchange newly-issued second lien secured notes for certain of its outstanding unsecured seni ...

The controversial fiber and copper-network owner was the target of a short report, the second on the company within a week. Shares of Lumen Technologies (LUMN -10.29%) were falling hard on Tuesday, down 9.1% as of 2:23 p.m. EDT. Lumen is a debt-riddled company whose stock became distressed earlier this year. However, an early-year deal to extend its debt maturities, combined with long-term deals for AI (artificial intelligence) networking, caused the stock to skyrocket in early August. But weeks after the s ...

Lumen Technologies stock may be hot, but it's still nowhere near the highs it reached in 2022. Nvidia's (NVDA -6.39%) stock has generated life-changing returns for many investors, thanks largely to its connection to artificial intelligence (AI) and the expanded interest in that sector of the economy. If you invested $33,000 into the stock five years ago and held onto it, you would be holding a $1 million investment right now. That's a staggering return in a relatively short time frame, especially when you c ...

AI has breathed new life into this one-time penny stock. After years of declines and fears of bankruptcy, the tide might have turned for the beleaguered telco Lumen Technologies (LUMN -14.54%). The stock suffered amid its dated infrastructure and lack of appealing service offerings. Also, with close to $19 billion in debt and continuing financial struggles, its long-term survival was in question. Fortunately, relief might have come thanks to artificial intelligence (AI). The company's extensive network posi ...