Lumen Technologies stock rose after detailing emergency preparation plans, selling fiber business to AT&T

From Yahoo Finance: 2025-06-26 23:04:00

Lumen Technologies stock rose over 10% after detailing its emergency preparation plans. The company utilizes AI and geospatial monitoring to keep customers connected during disasters. The US faced 27 weather disasters in 2024, triple the annual average, costing over $1 billion each. Lumen’s stock received a price target increase to $4 per share. The company is selling its fiber business to AT&T to reduce debt, facing customer disconnects. Lumen has struggled as a legacy landline telecom operation. The Motley Fool advised against investing in Lumen, highlighting other potential high-return stocks.

Read more: Why Lumen Technologies Stock Was Winning This Week