Why Shares of Lumen Stock Popped 25% This Week
I guess the bull market hype train is coming for everyone. Bombed-out stock Lumen Technologies (NYSE: LUMN) popped 25% this week after launching a network interconnection partnership with and Alphabet. according to data from S&P Global Market Intelligence.
The stock -- which is still down 58% year to date -- has started to make a small comeback in the last few trading days. But will the momentum last?
Lumen Technologies sells products and services to help data centers -- the backbone of the internet -- run smoother. It has solutions for a variety of internet and connectivity services, providing connectivity and security to customers like Microsoft Azure, one of the largest cloud infrastructure companies in the world.
Source Fool.com
Microsoft Corp. Stock
€419.50
-0.320%
With 135 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 443 € shows a slightly positive potential of 5.6% compared to the current price of 419.5 € for Microsoft Corp..
