Lumen (formerly CenturyLink) is a large telecommunications company that carries a large debt ratio and its stock has under performed for 10+ years.
I like this dip as a buying opportunity before the upcoming earning. LUMN is printing a 52 week low. We haven't seen these stock prices since 1987. It was hit by two cyber attacks in late March.
I think it could bounce very soon or go as low as $1.67, before heading up to $5.
I like this dip as a buying opportunity before the upcoming earning. LUMN is printing a 52 week low. We haven't seen these stock prices since 1987. It was hit by two cyber attacks in late March.
I think it could bounce very soon or go as low as $1.67, before heading up to $5.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.