LUMN up 30% afterhours
What is going! That is a possible 12B of revenue. almost 100% of its 2023 revenue. I don't care about earnings tomorrow, I want to hear more about this!
DENVER, Aug. 5, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI. Large companies across industry sectors are seeking to secure fiber capacity quickly, as this resource becomes increasingly valuable and potentially limited, due to booming AI needs. In addition, Lumen is in active discussions with customers to secure another $7 billion in sales opportunities to meet the increased customer demand.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
1843Followers
51Following
7522Visitors
Follow
71525517 : quick recovery. this and Sava just kicking ass
MonkeyGee OP : up 45% now. who is shaking!
Trytosaveabit : Great stuff right!
Trytosaveabit MonkeyGee OP : And if it wasn’t for this great ( Biden Harris ) Economy, their words not mine! Hehehe! It would be 100% and climbing
MonkeyGee OP : Now at $4, up 55%
Trytosaveabit : You did see this also right? (((((. Lumen is in active discussions with customers to secure another $7 billion in sales opportunities to meet the increased customer demand. )))))))
MonkeyGee OP : so tomorrow could be a double whammy. gap up run and earnings after hour mega pop. Or a setup for earnings slam! That depends on the type of CEO.
MonkeyGee OP : so tomorrow could be a double whammy. gap up run and earnings after hour mega pop. Or a setup for earnings slam! That depends on the type of CEO.
MonkeyGee OP Trytosaveabit : yes, that is 12B in total. which is almost their total revenue in 2023. That makes the company's MV way undervalued based on revenue.
MonkeyGee OP Trytosaveabit : Biden always gets in the way. I truly think if Thump was in office spy, it would be at 8K.
View more comments...