Fool.com contributor Parkev Tatevosian discusses what the news could mean for Lumen Technologies (LUMN -0.25%) stock investors.
*Stock prices used were the afternoon prices of Aug. 13, 2024. The video was published on Aug. 15, 2024.
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Massive News for Lumen Technologies Stock Investors
By Parkev Tatevosian, CFA
–
Aug 17, 2024 at 9:30AM
NYSE: LUMN
Lumen Technologies
Market Cap
$4B
Today's Change
(-0.25%) -$0.01
Current Price
$3.95
Price as of June 6, 2025, 3:58 p.m. ET
Lumen Technologies announced a $5 billion deal that will help rejuvenate its revenue growth.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Lumen Technologies
LUMN
$3.95
(-0.25%)
$0.01
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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