Why Lumen Technologies Stock Plummeted Today

Lumen (LUMN -10.08%) stock got hit hard in Tuesday's trading. Its share price was down 10% just before market close on news that the company could wind up selling one of its units to AT&T. The stock had been down as much as 18.7% earlier in the day.Bloomberg published a report today suggesting that AT&T could wind up buying Lumen's consumer-facing fiber internet business. Investors clearly aren't happy about the news. The report used unnamed sources.Lumen stock sinks as investors weigh potential AT&T deal i ...