Should Investors Buy Lumen Technologies Stock?

Key Points Lumen stock has more than doubled since April. Several countries have contracted with Lumen to improve data center connectivity. The company's income statement and balance sheet indicate its troubles may persist. 10 stocks we like better than Lumen Technologies › Lumen Technologies' (NYSE: LUMN) stock has long struggled. Despite its extensive fiber holdings, declines in legacy telecom businesses were calling into question its future. However, in 2024, it began to benefit from a dramati ...