Fool.com contributor Parkev Tatevosian discusses what the news could mean for Lumen Technologies (LUMN 10.90%) stock investors.
*Stock prices used were the afternoon prices of Aug. 13, 2024. The video was published on Aug. 15, 2024.
Massive News for Lumen Technologies Stock Investors
By Parkev Tatevosian, CFA – Aug 17, 2024 at 9:30AM
NYSE: LUMN
Lumen Technologies
Market Cap
$11B
Today's Change
(-10.90%) $1.29
Current Price
$10.54
Price as of November 4, 2025 at 4:00 PM ET
Lumen Technologies announced a $5 billion deal that will help rejuvenate its revenue growth.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.