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-0.000586135237384844 -0.00151862311504234 -0.00399637661853253 -0.0055949272659456 -0.00436937176959568 -0.00447594181275645 -0.0055949272659456 -0.00618106250333045
Stock impact report

Lumen (LUMN) Stock Trades Down, Here Is Why [Yahoo! Finance]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock's decline coincided with weakness across the tech industry, as investors dumped technology stocks amid fears of an "AI bubble deflating but not popping." This followed a strong run for the sector, prompting some profit-taking. Compounding the issue for Lumen were its own internal challenges. The company faced hurdles with declining revenue and free cash flow. This financial picture contributed to a dim view from analysts, who held a consensus median price target below the stock's recent price, suggesting no near-term upside potential. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Lumen? Access our full analysis report here Lumen's shares are extremely volatile and have had 56 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Show less Read more
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