Lumen Technologies shares are trading lower after the company reported mixed Q3 results. The company also announced an agreement with creditors.
Portfolio Pulse from Benzinga Newsdesk
Lumen Technologies reported mixed Q3 results and announced an agreement with creditors. This news led to a decrease in the company's share price.

November 01, 2023 | 4:03 pm
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Lumen Technologies' mixed Q3 results and agreement with creditors have negatively impacted its stock price.
The mixed Q3 results indicate that the company did not meet all of its financial targets, which can lead to a decrease in investor confidence and a drop in stock price. Additionally, the agreement with creditors could be seen as a sign of financial instability, further driving down the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100