| 2023-03-31 | +3.52 % |
|
| 2023-03-30 | -2.66 % |
- Levi & Korsinsky, LLP notifies investors in Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN) of a class action securities lawsuit on behalf of those who purchased or acquired Lumen common stock between September 14, 2020, and February 7, 2023, with allegations that the company made false statements or concealed information regarding headwinds, the company's quantum fiber business, and management's reassessment and delay of expansion, which negatively affected the company's results and metrics.
- Lumen Technologies announced early results of exchange offers for senior secured notes, and the stock went down due to the uncertainty surrounding the impact of the exchange offers on the company's debt and financials.
- The Rosen Law Firm has reminded purchasers of the common stock of Lumen Technologies (LUMN) between September 14, 2020, and February 7, 2023, of the May 2, 2023, lead plaintiff deadline for a class action lawsuit, which pertains to allegations that the company made false and/or misleading statements about its ability to invest in and grow its Quantum Fiber brand.
|
| 2023-03-29 | -0.75 % |
- The Rosen Law Firm has reminded purchasers of the common stock of Lumen Technologies (LUMN) between September 14, 2020 and February 7, 2023 of the important May 2, 2023 lead plaintiff deadline, as a class-action lawsuit has been filed alleging that the company made false and/or misleading statements and/or failed to disclose various headwinds that were impeding the company's ability to invest and grow its Quantum Fiber brand, leading to a negative impact on results and metrics, which was not disclosed during the relevant times.
- Law firm The Gross Law Firm has issued a notice to shareholders of Lumen Technologies, stating that they had filed a class-action lawsuit claiming Lumen issued "materially false and/or misleading statements" to investors and failed to disclose adverse business developments, leading to the negative performance of Lumen's Quantum Fiber brand and the company delaying its expansion until the end of 2023, dragging down Lumen's results and metrics.
- The article announces the appointment of Laurinda Pang as CEO of Sinch AB, a company that provides customer communication solutions, who joins Sinch from Lumen Technologies; it does not provide a clear reason for the decline in Lumen Technologies' stock.
|
| 2023-03-28 | +4.33 % |
|
| 2023-03-27 | +5.39 % |
- The article reports that Lumen Technologies (LUMN) stock rose by 5.39% last night, but no specific reason was given for the increase.
- The law firm Bernstein Liebhard LLP has filed a securities class action lawsuit on behalf of shareholders who purchased Lumen Technologies Inc. common stock between September 14, 2020 and February 7, 2023, alleging that Lumen made materially false and misleading statements throughout the class period, stating that the company was investing heavily in its consumer fiber business and aggressively taking market share in its small business segment, which led to serious headwinds and impeded its ability to grow its newly-targeted fiber markets, causing the stock's decline, but it rose 5.39% last night.
- This article announces a class action lawsuit against Lumen Technologies (LUMN) for allegations that the company made materially false and/or misleading statements regarding its Quantum Fiber brand, which caused negative impacts on the company's results and metrics, while LUMN's stock rose last night by 5.39%.
|
| 2023-03-24 | -2.43 % |
- The Rosen Law Firm reminds purchasers of Lumen Technologies (LUMN) stock of the May 2, 2023 lead plaintiff deadline for a class action lawsuit, which alleges that during the class period of September 14, 2020 and February 7, 2023, inclusive, Lumen Technologies made false and/or misleading statements and/or failed to disclose various headwinds that were impeding the company’s ability to invest in and grow its Quantum Fiber Brand, which negatively impacted the company’s results and metrics. This may be one of the reasons why LUMN stock went down by 2.43% last night.
- A securities fraud class action lawsuit has been filed on behalf of shareholders of Lumen Technologies, Inc., alleging that the company issued false or misleading statements and failed to disclose its inability to invest and grow its Quantum Fiber brand, resulting in the negative impact on Lumen's results and metrics, which caused the company's shares to decline.
|
| 2023-03-23 | -0.4 % |
- A class action securities lawsuit has been filed against Lumen Technologies (LUMN) by Levi & Korsinsky, LLP on behalf of investors who were adversely affected by alleged securities fraud between September 14, 2020, and February 7, 2023, which caused the company's stock to go down by -0.4% on the previous night.
- The law firm Bragar Eagel & Squire has reminded investors that class-action lawsuits have been brought against Lumen Technologies, Inc., among others, with the company's stock price falling on revelations about the slow pace of expansion into new markets, contradicting previous statements made to investors.
- Investor rights law firm Rosen Law Firm has reminded investors of Lumen Technologies (LUMN) of the May 2 lead plaintiff deadline for a class-action lawsuit alleging false and/or misleading statements were made about various headwinds that impeded the company's ability to invest in and grow its Quantum Fiber Brand. Lumen stock fell by 0.4% on March 23, 2023.
|
| 2023-03-22 | -1.59 % |
- Law firm Bernstein Liebhard has reminded investors of the May 2 deadline to file as lead plaintiff in a lawsuit against Lumen Technologies, which alleges violations of the Securities Exchange Act of 1934, following accusations the communications company misrepresented the rate of investment and progress in expanding its "Quantum Fiber" brand to small and medium businesses and residential customers, leading to a decline in Lumen's stock price.
- The Gross Law Firm is encouraging shareholders who purchased shares of Lumen Technologies, Inc. (LUMN) during the period between September 14, 2020, and February 7, 2023, to contact the firm regarding possible lead plaintiff appointment for a class action lawsuit alleging that the company made materially false and/or misleading statements and failed to disclose information that led to a delay in the expansion of its Quantum Fiber brand and negatively impacted the company's results and metrics, causing the stock to decline.
- Lumen Technologies' stock (LUMN) went down 1.59% due to an analyst's recommendation to sell shares and concerns about the company's ability to invest in its business amid financial pressures, including heavy debt, weak free cash flow position, and declining revenue from its legacy voice unit.
|
| 2023-03-21 | +1.2 % |
|
| 2023-03-20 | +0.4 % |
|
| 2023-03-17 | -0.4 % |
- A securities fraud class action lawsuit has been filed against Lumen Technologies (LUMN) on behalf of shareholders who purchased common stock between September 14, 2020, and February 7, 2023, over allegations of materially false and/or misleading statements and failed to disclose information that negatively impacted the company's results and metrics, leading to delayed expansion of Quantum Fiber. This news could be a reason why LUMN stock went down by 0.4% last night.
- The Rosen Law Firm has reminded the investors of the common stock of Lumen Technologies (LUMN) that they may face a May 2, 2023, deadline for the lead plaintiff application for the class action due to allegations that the company made false and misleading statements and failed to disclose information regarding its Quantum Fiber business.
- Lumen Technologies (LUMN) stock went down by 0.4% after it was the worst-performing stock of February due to weak guidance and being removed from the S&P 500 index, while Moderna (MRNA) faced a decline in sales of COVID vaccines, which led to missed estimates on earnings per share, but the company's growth potential in other areas makes it a good buying opportunity for risk-tolerant investors.
|
| 2023-03-16 | -3.86 % |
|
| 2023-03-15 | -0.38 % |
- The law firm, The Gross Law Firm, has issued a notice to Lumen Technologies shareholders regarding possible lead plaintiff appointment and a class action lawsuit alleging that during the class period (between September 14, 2020, and February 7, 2023), Lumen Technologies issued materially false and/or misleading statements and/or failed to disclose that their Quantum Fiber brand was not progressing as represented to the public, management was reassessing strategic priorities, and that expanding Quantum Fiber would not occur until the earliest end of 2023, all of which negatively impacted the company's results and metrics, which may explain the stock's decline.
- Lumen Technologies Inc. is one of the worst-performing companies in the S&P 500 this year, and their stock went down yesterday, possibly due to the general bearish sentiment around the beaten-down bank stocks.
- The Brazil data center market is expected to reach $4.43 billion by 2028, growing at a CAGR of 8.26%, due to an increase in demand for colocation services, the deployment of edge data centers, and investments in 5G network services, but this may have triggered a decrease of 0.38% in Lumen Technologies (LUMN) stock.
- Law firm Bernstein Liebhard has reminded investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of Lumen Technologies' shareholders, alleging violations of the Securities Exchange Act of 1934, due to materially false and misleading statements made by the company's management throughout the class period. This resulted in headwinds preventing the growth of newly-targeted markets, including small and medium business and residential or consumer markets, contrary to previous representations to investors.
|
| 2023-03-14 | |
- A class action complaint has been filed on behalf of shareholders of Lumen Technologies, Inc. (NYSE: LUMN), alleging that the Company violated federal securities laws, and the lawsuit claims that Lumen's decision to delay expansion of its Quantum Fiber brand negatively impacted the company's results and metrics. The reason for the overnight 0.0% drop in Lumen Technologies' stock is not clear from the article.
- Law firm Pomerantz LLP is investigating potential securities fraud or other unlawful business practices by Lumen Technologies (LUMN), previously known as CenturyLink, following news that the company's expansion into small- and medium-sized businesses and residential fiber services markets was slower than expected, causing a 15.52% drop in stock price.
- A class-action lawsuit has been filed against Lumen Technologies for misleading investors about its expansion into small business and residential markets, which led to delays in scaling its Quantum Fiber brand and negatively impacting the company's results and metrics, causing a decline in the company's stock price.
- Lumen Technologies (LUMN) stock went down last night and although not included among the worst names in the S&P 500 in 2023, it has experienced a decline likely due to the struggles faced by the telecommunications industry.
- Lumen Technologies Inc. stock was down 0.0% last night and it is among the worst-performing companies in the S&P 500 this year, with bank stocks being the majority of the laggards. The article did not provide a clear reason for Lumen Technologies' stock going down.
|
| 2023-03-13 | -2.99 % |
- Lumen Technologies' stock (LUMN) decreased by 2.99%, reportedly due to a securities class action lawsuit filed by Bernstein Liebhard against the company, claiming that they had made false statements regarding their Quantum Fiber brand's expansion and had undisclosed headwinds impeding growth, resulting in negative impacts on the company's results and metrics.
- The Rosen Law Firm reminds Lumen Technologies, Inc. investors of the May 2, 2023 lead plaintiff deadline in a class action lawsuit over alleged false and misleading statements made by the company regarding the progress and expansion plans of its Quantum Fiber business, which could potentially explain the -2.99% drop in Lumen Technologies stock.
- A class action lawsuit has commenced against Lumen Technologies, Inc. on behalf of investors who purchased or acquired Lumen common stock between September 14, 2020, and February 7, 2023, due to allegations that the company made materially false and/or misleading statements and/or failed to disclose that the Quantum Fiber business was not progressing as represented to the investing public, which led to the company's stock going down by -2.99% yesterday.
- Lumen Technologies (LUMN) stock goes down as a class action lawsuit is commenced on behalf of stockholders due to alleged false and misleading statements made by the Company during the class period from September 14, 2020, to February 7, 2023.
|
| 2023-03-10 | -6.94 % |
|
| 2023-03-09 | -4.64 % |
- The article is a notification to investors in Lumen Technologies, Inc. of a class action securities lawsuit seeking to recover losses on behalf of Lumen investors who were adversely affected by alleged securities fraud, likely contributing to the -4.64% decrease in Lumen Technologies' stock.
- Pomerantz LLP is investigating Lumen Technologies, Inc. (NYSE: LUMN) for potential securities fraud or other unlawful business practices, with the investigation following Lumen's admission on February 7, 2023, that it has pressed "more of a stop button than a pause button" on Lumen's investment and expansion while the company reevaluates its priorities, causing the stock price to fall.
- A class action lawsuit has been filed against Lumen Technologies, formerly known as CenturyLink, for allegedly making false and/or misleading statements and failing to disclose headwinds and delays in the expansion of its Quantum Fiber brand, leading to negative impacts on the company's results and metrics, causing a drop in Lumen Technologies (LUMN) stock by 4.64%.
- Law firm Kuznicki Law PLLC has issued an alert to shareholders of Lumen Technologies (LUMN) who purchased shares between September 14, 2020 and February 7, 2023, inclusive, encouraging them to contact the firm and file lead plaintiff applications in the securities class action lawsuit, which may have contributed to the -4.64% decline in LUMN's stock last night.
|
| 2023-03-08 | -2.89 % |
- Lumen Technologies (LUMN) stock went down by 2.89% after Bernstein Liebhard LLP announced a securities class action lawsuit filed on behalf of investors who purchased or acquired Lumen's common stock between September 14, 2020 and February 7, 2023, alleging violations of the Securities Exchange Act of 1934 due to Lumen's failure to disclose that headwinds were impeding the company's ability to invest in and grow its Quantum Fiber brand.
- The Gross Law Firm has issued a notice for Lumen Technologies shareholders who purchased shares between September 14, 2020, and February 7, 2023, to contact the firm regarding possible lead plaintiff appointment in a lawsuit alleging that Lumen made materially false and/or misleading statements and/or failed to disclose information regarding the company's ability to invest in and grow its Quantum Fiber brand, which adversely affected the company's results and metrics and negatively impacted the scaling up of the brand until at least the end of 2023, and resulting in a negative impact on the company's stock price.
- Lumen Technologies (LUMN) has partnered with Syndio, a workplace equity analytics platform, to advance its pay equity goals, with Syndio's analytics platform helping Lumen to analyze, resolve, and prevent pay disparities, in a move reflecting a business imperative to retain talent, and the partnership demonstrates Lumen Technologies' commitment to employees, and their culture of trust and transparency.
|
| 2023-03-07 | -5.76 % |
- Lumen Technologies' (LUMN) stock fell 5.76% on Monday after being removed from the S&P 500 index, but added 4.1% after being added to the S&P SmallCap 600, while DexCom's (DXCM) shares dropped 7.87% as Abbott Laboratories (ABT) received FDA approval to produce wearable glucose monitors with automated insulin pumps, and Rivian (RIVN) unveiled plans to offer $1.3bn worth of green convertible senior unsecured notes to generate funds for its expansion plans, resulting in a 5.6% decline in share value during pre-market trading on Tuesday.
- Lumen Technologies (LUMN) stock has gone down by 5.76% due to investors being concerned about the company’s gloomy guidance and downbeat management comments, with LUMN having been in full-fledged turnaround mode for nearly a full decade now, with sales down by 4% over the last 10 years and free cash flow down by 42%.
- A class action complaint has been filed against Lumen Technologies, Inc. alleging that the company violated federal securities laws by making materially false and/or misleading statements and/or failing to disclose various headwinds and issues with its Quantum Fiber business, causing the stock to drop by 5.76%.
- Lumen Technologies' stock went down 5.76% after being removed from the S&P 500 index and reallocated to the S&P SmallCap 600 index due to its underperformance, but the move reduced the pressure of not being over-scrutinized as one of the 500.
- A securities class action lawsuit has been filed against Lumen Technologies for allegedly making materially false and misleading statements to investors about its Quantum Fiber brand, which was intended to expand residential and small business (SMB) fiber optic services, leading to a decline in the stock price.
|
| 2023-03-06 | +4.1 % |
|
| 2023-03-03 | -1.86 % |
|
| 2023-03-01 | -5 % |
|
| 2023-02-28 | |
|
| 2023-02-27 | -4.49 % |
|
| 2023-02-24 | -1.39 % |
|
| 2023-02-17 | +2.34 % |
|
| 2023-02-09 | +1.27 % |
|
| 2023-02-08 | -20.84 % |
|
| 2023-02-06 | -4.18 % |
|
| 2023-02-03 | -6.24 % |
|
| 2023-02-02 | +4.66 % |
|
| 2023-01-31 | +2.14 % |
|
| 2023-01-27 | +2.92 % |
|
| 2023-01-26 | -3.02 % |
|
| 2023-01-25 | +0.19 % |
|
| 2023-01-13 | -2.32 % |
|
| 2023-01-10 | +3.9 % |
|
| 2023-01-09 | -0.74 % |
|
| 2023-01-06 | -0.55 % |
|
| 2023-01-05 | +0.37 % |
|
| 2022-12-13 | +2.16 % |
|
| 2022-12-05 | -5.63 % |
|
| 2022-11-28 | -5.48 % |
|
| 2022-11-15 | -3.65 % |
|
| 2022-11-11 | -1.71 % |
|
| 2022-11-08 | +4.97 % |
|
| 2022-11-03 | -17.73 % |
|
| 2022-11-02 | -5.11 % |
|
| 2022-10-19 | -3.25 % |
|
| 2022-10-17 | +2.38 % |
|
| 2022-10-05 | -9.45 % |
|
