FILE PHOTO: Scenes near Wall Street and the New York Stock Exchange (NYSE), in New York
(Reuters) - Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in the second quarter.
Shares of the Monroe, Louisiana-based company, which has lost more than 61% of their value this year, dropped more than…
This story from finance.yahoo.com was posted on 2023-08-01 by @coralca.