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Lumen Technologies Inc. has taken investors on a journey in recent years, and now it says an improving balance sheet will open up more opportunities.
It was only last June that the telecommunications company’s stock
briefly traded below $1, and Lumen’s stock LUMN went on to peak at $10.12 by November, capitalizing on memelike interest and optimism around a transformation fueled by artificial-intelligence opportunities.
This post was originally published on Market Watch
