Reported 2 days ago
Lumen Technologies, Inc. (LUMN) witnessed a 4.87% decline in share prices on Wednesday, closing at $3.91, following a drop of 33 spots in the Fortune 500 rankings. The company reported revenues of $13.1 billion, a decrease of 9.6% from the previous year. Despite this downturn, Lumen announced their plans to enhance connectivity for the JUNO Trans-Pacific Cable System, which is crucial for supporting advancements in AI and data innovation.
Source: YAHOO