Today: 22 March 2026
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NASDAQ:LUMN 18 January 2026 - 7 February 2026

AT&T stock pops before the bell as $5.75 billion Lumen fiber deal finally closes

AT&T stock pops before the bell as $5.75 billion Lumen fiber deal finally closes

AT&T closed its $5.75 billion all-cash purchase of Lumen’s mass-market fiber business, adding over 1 million fiber subscribers and expanding coverage to more than 4 million locations in 11 states. AT&T shares rose 4.3% in premarket trading to $26.21. Lumen will use about $4.8 billion from the sale to repay debt. AT&T will keep its quarterly dividend at $0.2775 per share.
2 February 2026
AT&T stock closes out a sharp two-day rally — here’s what matters before Monday

AT&T stock closes out a sharp two-day rally — here’s what matters before Monday

AT&T shares rose 4.3% to $26.21 on Friday, extending a two-day rally to nearly 9%. The surge follows a $10 billion buyback, fiber expansion plans, and a new reporting structure. AT&T reported 283,000 new fiber customers and $4.2 billion in free cash flow for the quarter. Investors await T-Mobile’s Feb. 11 earnings for signals on sector pricing.
Lumen Technologies (LUMN) Stock Hit With ‘Overvalued’ Tag After Rally, Putting AI-Fiber Hopes on Trial

Lumen Technologies (LUMN) Stock Hit With ‘Overvalued’ Tag After Rally, Putting AI-Fiber Hopes on Trial

Lumen Technologies shares closed at $8.45 Friday, about 20% above Simply Wall St’s fair value estimate of $7.23. Bank of America kept a sell rating and raised its target to $7, while a separate forecast model projects $5.62 by end-2026. The stock fell 2.3% on the day. Lumen recently agreed to sell its consumer fiber business to AT&T for $5.75 billion.

Stock Market Today

  • Indian Stock Market Outlook: Sensex and Nifty 50 Brace for Volatility Amid Middle East Tensions
    March 22, 2026, 3:09 AM EDT. The Indian stock market ended a turbulent week with Sensex slightly down at 74,532.96 and Nifty 50 falling 0.16% to 23,114.50, reflecting cautious investor sentiment. Ongoing Middle East tensions and fluctuating crude oil prices fueled market volatility. Experts expect continued turbulence next week, with the conflict around the Strait of Hormuz being a critical factor. Elevated crude prices above $100 could sustain inflation and risk-off behavior, impacting flows and the rupee. Investors are advised to stay cautious, avoid aggressive leverage, and focus on selective sectors like pharmaceuticals and energy while watching technical support levels and global cues for clearer direction.
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