Lumen Technologies Stock Surges in May Despite Earnings Miss
In May, Lumen Technologies (NYSE: LUMN) saw its stock rise nearly 18%, outperforming the S&P 500's under-5% gain. The telecom company reported disappointing first-quarter results with a significant non-GAAP net loss and lower revenue compared to last year.
Tickers: $LUMN
Topics: cloud connectivity M&A activity telecom