Better Telecom Stock: Lumen Technologies vs. AT&T
Lumen Technologies (NYSE: LUMN) and AT (NYSE: T) are two of the largest telecom companies in the United States. Lumen, formerly known as CenturyLink, is one of the country's largest wireline service providers. AT also operates a smaller wireline business, but it generates most of its revenue from its larger wireless business.
Over the past 12 months, Lumen's stock plunged 73% as AT's stock dipped 16%. Neither of these stocks has been a great investment, but let's see why AT outperformed Lumen by such a wide margin -- and if it's still the better telecom stock.
Source Fool.com