Lumen Technologies Stock Soars Again on AI Enthusiasm
Lumen(LUMN) Investopedia·2024-08-08 01:26
Key Takeaways It was a second straight day of monster gains for Lumen Technologies shares as the telecom company benefited from soaring AI demand. Lumen posted a smaller second-quarter loss and higher revenue than estimates. On Tuesday, Lumen reported a big jump in business for its AI connectivity products. Lumen Technologies (LUMN) shares soared for a second straight session Wednesday after the telecom provider reported better-than-expected results and a huge jump in its full-year free cash flow guidance a ...