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Lumen Technologies Inc

Lumen Technologies Inc (LUMN)

7.61
0.13
(1.74%)
Closed November 05 4:00PM
7.40
-0.21
( -2.76% )
Pre Market: 8:19AM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
7.40
Bid
-
Ask
-
Volume
302,121
0.00 Day's Range 0.00
0.97015 52 Week Range 7.83
Market Cap
Previous Close
7.61
Open
-
Last Trade
5
@
7.4
Last Trade Time
08:19:12
Financial Volume
-
VWAP
-
Average Volume (3m)
19,625,761
Shares Outstanding
1,016,810,054
Dividend Yield
-
PE Ratio
-1.09
Earnings Per Share (EPS)
-10.13
Revenue
14.56B
Net Profit
-10.3B

About Lumen Technologies Inc

Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 further shifted the company's operations toward businesses (over 70% of revenue) and away from its legacy consumer business. Lumen offers businesses a full menu of ... Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 further shifted the company's operations toward businesses (over 70% of revenue) and away from its legacy consumer business. Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers. Show more

Sector
Phone Comm Ex Radiotelephone
Industry
Phone Comm Ex Radiotelephone
Website
Headquarters
Baton Rouge, Louisiana, USA
Founded
-
Lumen Technologies Inc is listed in the Phone Comm Ex Radiotelephone sector of the New York Stock Exchange with ticker LUMN. The last closing price for Lumen Technologies was $7.61. Over the last year, Lumen Technologies shares have traded in a share price range of $ 0.97015 to $ 7.83.

Lumen Technologies currently has 1,016,810,054 shares outstanding. The market capitalization of Lumen Technologies is $7.74 billion. Lumen Technologies has a price to earnings ratio (PE ratio) of -1.09.

Lumen Technologies (LUMN) Options Flow Summary

Overall Flow

Bullish

Net Premium

643k

Calls / Puts

366.67%

Buys / Sells

85.71%

OTM / ITM

55.56%

Sweeps Ratio

0.00%

LUMN Latest News

Trump Media Shares Surge 32% Pre-Market; Tesla Jumps 13%; Coinbase Rises with BTC All-Time High

Trump Media & Technology Group (NASDAQ:DJT) – Donald Trump’s media company reported a $19.2 million loss in Q3, driven by $12.1 million in legal fees tied to a streaming deal and SPAC...

Lumen Technologies reports third quarter 2024 results

Lumen Technologies reports third quarter 2024 results PR Newswire DENVER, Nov. 5, 2024 DENVER, Nov. 5, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the third...

Lumen Technologies Partners with Google Cloud to Drive AI Innovation and Accelerate Digital Transformation

Lumen Technologies Partners with Google Cloud to Drive AI Innovation and Accelerate Digital Transformation PR Newswire DENVER, Nov. 5, 2024 Google Cloud underpins Lumen® Digital Twin technology...

U.S. Index Futures Rise as Election Looms; Oil and Gold Prices Steady

U.S. index futures rose slightly in pre-market trading on Tuesday as markets await the outcome of a tight presidential race between Trump and Harris. With voting set to begin and an uncertain...

Lumen and AWS Partner to Unlock the Power of Generative AI Through Enhanced Network Operations and Delivery

Lumen and AWS Partner to Unlock the Power of Generative AI Through Enhanced Network Operations and Delivery PR Newswire DENVER and SEATTLE, Oct. 30, 2024 Lumen's next-generation fiber network...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.7210.77844311386.687.796.25204458707.1741686CS
41.0115.80594679196.397.795.945155604556.64257479CS
122.551.02040816334.97.794.52196257616.19708002CS
266.07456.3909774441.337.830.97015242094194.56934907CS
526.22527.1186440681.187.830.97015189880843.48544841CS
156-6.7-47.517730496514.114.4150.7801192635974.95377118CS
260-3.28-30.711610486910.6816.60.7801170888336.28860908CS

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LUMN Discussion

View Posts
JB51 JB51 19 hours ago
Yes hopefully it's a good report!
👍️0
MightyX MightyX 19 hours ago
Looks like someone’s slapping the salami hard
👍 1
MightyX MightyX 20 hours ago
Good news is…we are trading over $7..prior to ER
👍 1
JB51 JB51 21 hours ago
More good news and we go down! Go figure!
👍️0
Stock Guy777 Stock Guy777 24 hours ago
10 bagger in progress!!!

"Lumen is a trusted network for AI, and we are excited to partner with them to provide real-time insights and operational improvements and drive meaningful business outcomes for organizations worldwide."
Lumen's Private Connectivity Fabric? Expands Google Network Capabilities
As part of this announcement, Google Cloud has chosen Lumen to expand its network capabilities using the extensive, diverse Lumen network to support demand growth for Google Cloud services and AI innovations. Lumen Private Connectivity Fabric? will provide dedicated access to existing fiber in the Lumen network, and Lumen will install new fiber on existing and new routes.
👍 1
MightyX MightyX 24 hours ago
“Lumen Technologies Partners with Google Cloud to Drive AI Innovation and Accelerate Digital Transformation” https://news.lumen.com/2024-11-05-Lumen-Technologies-Partners-with-Google-Cloud-to-Drive-AI-Innovation-and-Accelerate-Digital-Transformation
👍 1 🚀 1
MightyX MightyX 2 days ago
Sold a few lumn @7.40/bought apld @6.01
👍️0
MightyX MightyX 2 days ago
Lumn leading big over apld now
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MightyX MightyX 5 days ago
Algos got lumn and apld neck and neck..let’s see what new money do.
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MightyX MightyX 5 days ago
Lumn passed up apld
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MightyX MightyX 5 days ago
Looking good
👍 1
MightyX MightyX 5 days ago
Currently under .50 differential.
👍️0
MightyX MightyX 6 days ago
How much..of that 14m volume(apld)is new-money vs. algo?
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MightyX MightyX 7 days ago
See what algos doing to apld?…they used to be $3 higher than lumn…they jacked it up to sell into new money and kept lumn low..will see lumn trade over apld price soon enough.
👍️0
MightyX MightyX 7 days ago
Grabbed some $6.53 on the algo deflation..glad to see $6.80’s
👍️0
MightyX MightyX 7 days ago
Algos know how-much new-money enters..algos inflate/deflate unnoticeably on lower new-money volume days. This is why we see fluctuations premarket/intraday/after hours. Will require short-covers/significant new-money entering for $7+ going into $10
👍 1
abrooklyn abrooklyn 7 days ago
https://ih.advfn.com/stock-market/NYSE/lumen-technologies-LUMN/stock-news/94805971/lumen-and-aws-partner-to-unlock-the-power-of-gener
Lumen and AWS Partner to Unlock the Power of Generative AI Through Enhanced Network Operations and Delivery
October 30 2024 - 8:34AM
PR Newswire (US)

Share On Facebook
Lumen's next-generation fiber network will support AWS infrastructure across the U.S. amid expansion of AI-driven services
AWS generative AI technologies will transform and streamline Lumen's operations, paving the way for autonomous and dynamic networking capabilities
DENVER and SEATTLE, Oct. 30, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced an agreement to strengthen data center connectivity and optimize network delivery of cloud technologies for hundreds of millions of customers across the United States. Lumen will use AWS technologies, including artificial intelligence (AI), machine learning (ML), and security, to modernize its applications and systems, and drive innovation in its portfolio of communications, network services, security, and voice products. In addition, Lumen will provide fiber connectivity to AWS data centers, helping enterprise customers build and deliver highly scalable AI applications across AWS Regions and AWS Local Zones.
👍️0
Stock Guy777 Stock Guy777 7 days ago
How we are even still sitting in this $6 - $7 range is beyond me!

Get them while they’re hot!!

I just keep on adding. Even though my majority base has been within the $1 range

👍️0
Stock Guy777 Stock Guy777 7 days ago
To Da Moon!
👍️0
Stock Guy777 Stock Guy777 7 days ago
09:50 AM EDT, 10/30/2024 (MT Newswires) -- Lumen Technologies (LUMN) and Amazon's (AMZN) Amazon Web Services, AWS, said Wednesday they are teaming up to expand Artificial Intelligence-focused network services in the US.

The companies said Lumen's fiber network will connect AWS Regions and Local Zones, supporting secure, high-bandwidth connections for AI model training and product deployment.

Lumen also plans to shift its IT platforms to AWS to use its AI, machine learning, and security capabilities to improve performance and reduce costs, they added.
👍️0
Stock Guy777 Stock Guy777 7 days ago
Lumen's next-generation fiber network will support AWS infrastructure across the U.S. amid expansion of AI-driven services
AWS generative AI technologies will transform and streamline Lumen's operations, paving the way for autonomous and dynamic networking capabilities
DENVER and SEATTLE, Oct. 30, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced an agreement to strengthen data center connectivity and optimize network delivery of cloud technologies for hundreds of millions of customers across the United States. Lumen will use AWS technologies, including artificial intelligence (AI), machine learning (ML), and security, to modernize its applications and systems, and drive innovation in its portfolio of communications, network services, security, and voice products. In addition, Lumen will provide fiber connectivity to AWS data centers, helping enterprise customers build and deliver highly scalable AI applications across AWS Regions and AWS Local Zones.
👍️0
MightyX MightyX 1 week ago
Algos moving lumn premarket..not apld..interesting
👍️0
MightyX MightyX 1 week ago
Currently under $1 differential in premarket
👍️0
MightyX MightyX 1 week ago
Currently under $1.50 differential.
👍️0
Stock Guy777 Stock Guy777 1 week ago
Just getting started! $Lumn to Da moon!
👍️0
Stock Guy777 Stock Guy777 1 week ago
Former Microsoft CMO Joins Lumen's Board of Directors
DENVER, Oct. 29, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the appointment of Chris Capossela to its board of directors, effective immediately. 

Capossela is a recognized authority in the technology industry and spent over 30 years of his career at Microsoft in a variety of roles. For the last ten years, he served as Microsoft's executive vice president and chief marketing officer. In that role, he led worldwide marketing across both the consumer and commercial businesses, overseeing everything from product marketing and business planning to digital direct sales and retail partner sales for all Microsoft products. 
"As Lumen establishes itself with enterprises as the trusted network for AI, Chris' experience and insights will be invaluable," said Kate Johnson, Lumen's president and CEO. "He has a deep understanding of what customers need as they compete in the digital economy, how they think, and how to reach them. His input will help shape our brand and how we go to market." 
"Lumen is in an advantageous position in the industry," said Capossela. "Nearly every large business is thinking about how AI can drive its strategies and whether they have the infrastructure to support AI. As they consider their networking needs, Lumen is becoming top of mind as a company to bet on." 
Capossela graduated from Harvard University with a B.A. in economics. He currently serves as a member of corporate and non-profit boards. 
The appointment brings the company's board count from 11 to 12.  
A full breakdown of the company's board of directors is available online.   
👍️0
JB51 JB51 2 weeks ago
Lumen wants to go higher!!
👍️0
MightyX MightyX 2 weeks ago
Algos benefited from $3 differential..now $2
👍️0
MightyX MightyX 2 weeks ago
House-edge is algos aren’t bound to same-rules-as traders/ordinary-shareholders
👍️0
MightyX MightyX 2 weeks ago
Roughly 30% favor currently to algos selling APLD/buying LUMN
👍️0
MightyX MightyX 2 weeks ago
Algos appear to maintain $3 differential between LUMN/APLD(6.13/9.13 currently) when new-money is sluggish.
👍️0
MightyX MightyX 2 weeks ago
Algos appear to maintain $3 differential between LUMN/APLD when new-money is sluggish.
👍️0
MightyX MightyX 2 weeks ago
Lotta new-money circulating competing with crypto..OTC is no-longer an interest.
👍️0
Stock Guy777 Stock Guy777 2 weeks ago
Yeah, it’s crazy with news of another trillion dollar company that’s part of the 12 billion Deal I’m sure, and we get nothing out of a 50,000,000+ volume day.. crazy. Somebody is holding this down. This will fly very shortly.
👍️0
MightyX MightyX 2 weeks ago
Market will prove that false..can’t be proven in less than 1 trading day lmao but nice try.
👍️0
Al 100 Al 100 2 weeks ago
This news was a big nothingburger :)))
👍️0
Stock Guy777 Stock Guy777 2 weeks ago
Lumen and Meta Partner to Drive AI Network Expansion
Lumen's Private Connectivity Fabric? enables long-term network capacity for Meta's AI 
DENVER, Oct. 21, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Meta are partnering to significantly increase Meta's network capacity and help drive its bold AI ambitions. The expanded network will provide dedicated interconnection for Meta's industry-leading infrastructure, strengthening and increasing the company's ability to lead in AI development. This increase in capability is another differentiator that will fuel Meta's vision to advance AI for a more connected world.

"We're enabling one of the biggest expansions of network capacity in our lifetime," said Ashley Haynes-Gaspar, Lumen's EVP and chief revenue officer. "We've transformed our company to meet this demand. As Meta's customers use more AI services across its platforms, we're helping provide Meta with a seamless, effortless, and flexible network that will meet its growing needs."  
With the growing interest in AI, preparing for the future means investing in a reliable network. The Lumen partnership provides Meta with increased flexibility through secure on-demand bandwidth to support its complex computing needs and serve billions of people every day.
"Our AI tools are performing increasingly more complex tasks including enabling conversations in a variety of languages and translating text to images in real time, while helping people interact with the world around them in new, immersive ways. We are excited to work with Lumen to use this advanced network to provide scale and reliability for seamless experiences," said Alex-Handrah Aimé, director of Meta's Network Investments.
The Private Connectivity Fabric? provided by Lumen is an offering uniquely positioned to deliver network capacity for an AI-ready world. The initiative includes dedicated access to existing fiber routes and new routes between data centers.
About Lumen Technologies??Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, X: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.
About Meta??Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
👍️0
TheFinalCD TheFinalCD 2 weeks ago
$LUMN $META Lumen, Meta Platforms announce partnership pic.twitter.com/gJ2YBvpoX6— Connor Bates (@ConnorJBates_) October 21, 2024

$LUMN KEY LEVELS pic.twitter.com/eoyF0gPEDN— Tiger Line Trading (@TigerLineTrades) October 21, 2024
👍️0
MightyX MightyX 2 weeks ago
Feeling $25+ institutional/big funds entering
👍️0
MightyX MightyX 2 weeks ago
New 52 week high coming
👍️0
J2003 J2003 2 weeks ago
Agreed!
👍️0
MightyX MightyX 2 weeks ago
Huuuuge$$$$ “Lumen and Meta Partner to Drive AI Network Expansion”
👍️0
Elcappy1 Elcappy1 3 weeks ago
Next week will be fun. $LUMN
👍️0
MightyX MightyX 3 weeks ago
Looking like $7/$8’s coming next run
👍 1
MightyX MightyX 3 weeks ago
8 higher closes in last month than today…good things coming imo.
👍 1
MightyX MightyX 3 weeks ago
Volume returning looking good for after hours.
👍 1
EnchantedTitan62 EnchantedTitan62 4 weeks ago
I have sold the last of my free shares. Quite a profitable play for me. Good luck to all and may all your trades be profitable.
👍️0
jeffree jeffree 1 month ago
RE; Goldman Sachs target...
Could they Be an options Counterparty...on the wrong side...???...Does GS trade options...???.....Answer..."Yes, Goldman Sachs trades options on major exchanges around the world:

Trading

Goldman Sachs trades options on major exchanges in the US, Europe, and Asia. They also make markets and clear client transactions on options exchanges."....hmmmm, ya'all...??!...😵...IF they are so badly positioned for themselves as MMs and their clients' positions as well...what Could Happen in the Future...if "Fiber Hands" are stronger than passive/aggressive analysts words...???...My personal position has been aided by my options trades counterparts...greatly...this year...so "Thank You...keep up the bad work"...😁
👍️0
JB51 JB51 1 month ago
Need some more good news to keep this going up!!
👍️0
Stock Guy777 Stock Guy777 1 month ago
Well, that turned sour real quick Lol. Buy the dip, we should see 14 to 20 minimum
👍️0

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