Lumen stock bouncing; up down up down….just like the Titanic.
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Long drawn out sinking of the boat. Most of the tickers in the markets are doing well. LUMN not so much. Fire the SLT.
It's not just Lumen.
"Reported Net Income of $57 million for the first quarter 2024, compared to reported Net Income of $511 million for the first quarter 2023" from Lumen web page, that's all you need to know.