Kerrisdale Capital published a new short report on Lumen stock today. The short seller doesn't think Lumen's AI opportunities will pan out. Even with today's sell-off, the stock has nearly tripled ...
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Shares of Lumen Technologies (NYSE: LUMN) were falling hard on Tuesday, down 9.1% as of 2:23 p.m. EDT. Lumen is a debt-riddled company whose stock became distressed earlier this year. However ...
In its report titled “AI-N’t Gonna Fix This Mess,” Kerrisdale Capital expresseds doubt regarding an AI-fueled turnaround for Lumen. Lumen’s stock is up more than 200% over the past ...
NOTE: Following publication of this story, Lumen reported earnings that offered more details on how the AI deals could impact financials. For more, read here. Lumen Technologies Inc. shares nearly ...
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Lumen briefly traded below $1 per share before it announced these recent deals. The company will invest heavily in updating its infrastructure. It will take time to reap the financial benefits of ...
Stock in Lumen Technologies, the residential and business communications provider, has surged. There’s a strong argument for investors to sell now. Shares have gained almost fivefold since July ...
Aug 27 (Reuters) - Kerrisdale Capital on Tuesday disclosed a short position in Lumen Technologies (LUMN.N), opens new tab and raised doubts on its focus on artificial intelligence to fuel a ...
While Lumen Technologies Inc. shares have cooled a bit off their peak levels from a month ago, they’ve still maintained much of their artificial-intelligence boost — and Chief Financial ...
Lumen (NYSE: LUMN) stock sank in Tuesday's trading. The company's share price ended the daily session down 14.5%, according to data from S&P Global Market Intelligence. Lumen fell today following ...