Lumen Technologies (LUMN) Stock Price Slumps 32.87% on November 1

Lumen Technologies (LUMN) Stock Price 

On November 1, the stock price of Lumen Technologies, a telecommunications company, experienced a substantial decline, falling by 32.87% from its previous value of $0.98 per share. This significant decrease of $0.48, or 32.87%, may be indicative of a major shift in investor sentiment or company-specific news that negatively impacted the stock.

Lumen Technologies (LUMN) Stock Analysis

Lumen Technologies is a publicly traded company listed on the New York Stock Exchange (NYSE) with a ticker symbol of "LUMN." As of November 1, the stock closed at $0.98, experiencing a decrease of -0.48 (32.87%) on the same day. After hours, the stock price increased to $1.04, representing a gain of 6.11%.

The stock has shown significant volatility in its trading range recently, with a day range between $0.97 and $1.40. Its 52-week trading range shows even more substantial fluctuations, hitting a high of $7.39 and a low of $0.97 during that period. The market capitalization of Lumen Technologies stands at approximately $987.93 million.

The average trading volume for Lumen Technologies is approximately 11.59 million shares, which gives an idea of the stock's liquidity and trading activity. This figure can be essential for investors looking to gauge the stock's popularity and potential for trading opportunities.

Lumen Technologies (LUMN) Stock - Key Data

Lumen(LUMN) Technologies

Lumen Technologies, (formerly known as CenturyLink), is a prominent American telecommunications company headquartered in Monroe, Louisiana. Lumen offers a diverse range of communication and network services, encompassing voice, broadband, Multi-Protocol Label Switching (MPLS), private line connectivity, Ethernet solutions, cloud hosting, managed hosting, data integration, video services, network infrastructure, public access, Voice over Internet Protocol (VoIP), and various other ancillary services.

In addition to its comprehensive service offerings, Lumen caters to a global clientele of enterprise customers across North America, Latin America, EMEA (Europe, Middle East, and Africa), and Asia Pacific.