Why Lumen Stock Sank Today
From Nasdaq: 2025-02-24 18:26:01
Lumen (NYSE: LUMN) stock dropped 7.1% on Monday, reflecting broader market bearishness. Tech stocks, including AI companies like Lumen, were affected by concerns over Nvidia’s upcoming earnings and Microsoft’s data center spending cuts.
Nvidia’s Q4 report, releasing Wednesday, is highly anticipated with analysts expecting net income of $21.2 billion on $38 billion revenue. Lumen’s stock performance may hinge on Nvidia’s results and forward guidance, impacted by Microsoft’s AI infrastructure plans.
A rare opportunity for potentially lucrative stock investments is being presented by expert analysts. Past recommendations like Nvidia in 2009 turning $1,000 into $348,579 highlight the potential. Current “Double Down” stock alerts are issued, offering a chance to invest before it’s too late for significant gains.
Read more at Nasdaq: Why Lumen Stock Sank Today