LUMN Stock Recent News

MarketWatch recently caught up with Lumen CFO Chris Stansbury, who discussed the opportunities ahead in AI and consumer fiber.

Lumen Technologies, Inc. (NYSE:LUMN ) Goldman Sachs Communacopia and Technology Conference Call September 9, 2024 7:25 PM ET Company Participants Chris Stansbury - Executive Vice President & Chief Financial Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Good afternoon everybody. Welcome to the Goldman Sachs Communacopia and Technology Conference.

Lumen Technologies, Inc. (NYSE:LUMN ) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 8:50 AM ET Company Participants Chris Stansbury - EVP and CFO Conference Call Participants Dave Barden - Bank of America Merrill Lynch Dave Barden All right. So guys, everybody, welcome to round two.

Another short-seller came out against Lumen today. It's the second short report on the stock in a week.

Lumen Technologies (NYSE:LUMN) is a company that's most prominently known for its extensive wireline and cable assets.

Nvidia has been an exceptional investment to own over the years. It could still rise higher, but given its high valuation, its upside could be limited for the foreseeable future.

Lumen briefly traded below $1 per share before it announced these recent deals. The company will invest heavily in updating its infrastructure.

Increasing business opportunities, driven by AI proliferation, is a tailwind for Lumen (LUMN). However, stiff competition in the AI space can prove to be an impediment.

Lumen Technologies, Inc. LUMN has secured a three-year contract with The New Mexico Office of Broadband Access and Expansion to deliver nearly 900 miles of high-speed fiber connectivity to K-12 public schools (inclusive of tribal and charter schools) across the state.

Lumen Technologies announced a $5 billion deal that will help rejuvenate its revenue growth.