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Lumen stock has worst week in more than two decades, hits lowest prices since Reagan was in office

Por: MarketWatch Business February 11, 2023

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See more: The company, under new management and in the midst of a transitional period, still counts CenturyLink as one of its major brands. The CenturyLink business is struggling for growth, along with other legacy revenue. “Top-line pressures on legacy services, which drive >60% of Lumen’s revenues, are not likely to moderate in 2023 and … Lumen is no longer in a position to offset these pressures via cost reductions,” Goldman Sachs... + full article



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