Lumen Technologies, Inc. (LUMN) has not been the subject of any recent news that would explain its stock movement today. However, discussions on Reddit provide some insights into investor sentiment and past experiences with the stock. One user shared their regret over selling Lumen shares too early, stating, "Had about 5000 shares of Lumen (LUMN) with a cost basis of ~$1.30. Sold at about $2.50 when the stock rallied like 100% in a day because I thought it’d come back down to earth. Stock ended up going to like $10." This reflects a common theme among investors who often sell stocks prematurely, missing out on potential gains.
The Reddit thread is filled with similar stories of missed opportunities, with users reflecting on their past decisions to sell stocks like Lumen too soon. The discussions highlight the emotional aspect of investing, where fear of loss or the desire to lock in profits can lead to decisions that, in hindsight, might not have been optimal. Another user commented on their strategy, saying, "If you buy a good business, hold for twenty plus years," emphasizing a long-term investment approach.
As of the current timestamp, Lumen Technologies (LUMN) is trading at $5.37, reflecting a 1.13% increase from the previous close of $5.31.