Stock Market Alert: LVLT dropped steadily this week, opening the week at about $5.80 and closing the week at $5.20. This follows a very strong week for LVLT, where the stock moved higher following the announcement of a deal with Broadwing. Volume was fairly light (relatively speaking) on Friday, with 25 million shares of the stock changing hands, compared to a normal daily average of 32.6 million shares traded. As of Friday’s close, LVLT had a market cap of just over $6 billion dollars.
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