Lumen Technologies Stock Went to the Moon This Week. Here's Why
Lumen(LUMN) The Motley Fool·2024-08-02 07:07
The company made a new artificial intelligence announcement. The stock is still down huge in the last five years. Shares of Lumen Technologies (LUMN 5.40%) jumped over 100% this week, according to data from S&P Global Market Intelligence. The fiber optic and communications services provider announced a partnership with Corning Incorporated that had investors incredibly bullish. Corning is reserving 10% of its fiber optic cable production for Lumen as Lumen tries to expand and take advantage of the artificia ...