Stuff Gets Out Of Hand At Level 3 (LVLT)
January 12, 2009 by Douglas A. McIntyre
Level 3 (LVLT), the troubled telecom company is trading off nearly 25% today to $1.13 with no news. The firm carries a lot of debt at $6.4 billion and has modest operating income.
It is probably nothing. The stock may even be back to even by the end of the day.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.