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Up More Than 540% in Just 3 Months, Can Lumen Technologies Stock Still Go Higher?
LUMNLumen(LUMN) The Motley Fool·2024-10-04 08:50

Is hype fueling Lumen Technologies, or could this be a stock worth buying right now? One stock that looked like it was dead in the water last year was Lumen Technologies (LUMN -0.74%). The telecom company had a lot of debt, suspended its dividend, its financials looked awful, and the stock had been in free fall. It looked like an incredibly risky investment to own. Although those problems remain, as with anything these days, artificial intelligence (AI) and any related news can prove to be transformative fo ...