Lumen Technologies stock rises 87.3% due to demand for fiber networks supporting AI services.

From Nasdaq: 2024-08-06 15:55:41

Lumen Technologies sees an 87.3% increase in stock prices due to demand for fiber networks supporting AI services. The company secures $5 billion in new business and plans for more. An analyst upgrade from Citigroup predicts potential downside of 35%.

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