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Lumen’s stock slides toward 37-year low amid doubts company can ‘sharply diverge from its history’

Por: MarketWatch Business June 06, 2023

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See also: Lumen shares “can, and in the short term likely will, decline further (maybe even by significant percentages), but the risk/reward of being at Underperform is low at this point; as such, we would rather be on the sidelines,” Louthan wrote as he lifted his rating on the name to market perform. “Macro factors are more likely to drive the stock than fundamental performance from here, in our view.” Louthan’s upgrade came after... + full article



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