Lumen Technologies, Inc. (LUMN) has been a topic of discussion on Reddit forums today, with users expressing curiosity about the stock's recent performance. Despite having strong partnerships, some users are puzzled by the stock's current dip. One user commented, "Welcome to the roller coaster. So the new sold. However, there is no cash flow yet. Once the cash flow comes in from the deals and they demonstrate shrinking debt as more growing business things will look better." This sentiment reflects a belief in the company's long-term strategy, despite short-term fluctuations.
Another user suggested that the current dip might be a good buying opportunity, stating, "It’s on sale again." This aligns with a broader sentiment among some investors who see potential in Lumen's future value and business strategy. The discussions also touched on broader market trends, with one user speculating that political changes could impact stock performance, saying, "Trump in office in January going to boost stocks 20% across the entire board."
As of the latest update, Lumen Technologies' stock is priced at $6.49, reflecting a slight decrease of 1.37% from the previous close.