Why Lumen Stock Plummeted 19.4% Last Month and Has Kept Falling In March

Lumen (NYSE: LUMN) stock got hit with a substantial valuation pullback in February. The company's share price declined 19.4% in a month that saw the S&P 500 decline 0.9% and the Nasdaq Composite fall 3.4%. Lumen's valuation saw a decline in conjunction with the publication of the company's fourth-quarter results and selling pressures impacting the broader artificial intelligence (AI) space. On the other hand, the stock did see some valuation recovery following its investor-day conference. Will AI create th ...