Lumen Technologies (LUMN) Expands Multi Cloud Access, Is The Undervaluation Case Convincing?

Lumen Technologies (LUMN) is drawing attention after expanding access to its Multi-Cloud Gateway service. The service now reaches more than 10 million U.S. business locations, including sites beyond its existing fiber footprint. The Multi-Cloud Gateway expansion lands at a tricky time for Lumen Technologies, with the share price at US$5.89 after a 1-day share price return of 3.88% but a 90-day share price return that declined 45.81%. While short term momentum has faded, the 1-year total...