Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Lumen Technologies Stock Jumped 77.3% Today

TheMotleyFool 
0 0 30.07.24
Why Lumen Technologies Stock Jumped 77.3% TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/ec495607-1e17-40ee-a41d-7726313a9707.png
 

Shares of Lumen Technologies (NYSE: LUMN) got a huge boost today from another company's earnings report. (NYSE: GLW) announced that it's selling 10% of its fiber capacity for the next two years to Lumen, and investors loved the news.

Shares jumped as much as 77.3% in parabolic trading mid-day before falling back to close the day up 38%.

Last week, Lumen announced that it has partnered with Microsoft (NASDAQ: MSFT) to "enable digital transformation" of the company's infrastructure. That will include access to Lumen's fiber network, as well as adding new fiber on new and existing routes.

Continue reading


Source Fool.com

Corning Inc. Stock

€141.06
-2.960%
We can see a decrease in the price for Corning Inc.. Compared to yesterday it has lost -€4.300 (-2.960%).
With 35 Buy predictions and not a single Sell prediction Corning Inc. is an absolute favorite of our community.
With a target price of 184 € there is a positive potential of 30.44% for Corning Inc. compared to the current price of 141.06 €.
Show more
Like: 0
LUMN
Share

Comments

Not a member yet? Sign up for free!