Lumen Technologies Stock Is Up Nearly 500% in Less Than 2 Months. Time to Buy?
AI has breathed new life into this one-time penny stock. After years of declines and fears of bankruptcy, the tide might have turned for the beleaguered telco Lumen Technologies (LUMN -14.54%). The stock suffered amid its dated infrastructure and lack of appealing service offerings. Also, with close to $19 billion in debt and continuing financial struggles, its long-term survival was in question. Fortunately, relief might have come thanks to artificial intelligence (AI). The company's extensive network posi ...