Lumen Surges 241% YTD: Will the Stock Sustain Momentum in 2025?

Lumen Technologies, Inc’s (LUMN) shares have surged 240.9% year to date (“YTD”), outpacing the S&P 500 composite and sub-industry’s growth of 27.3% and 57.3%, respectively.YTD Price PerformanceImage Source: Zacks Investment ResearchClosing at $6.23 as of yesterday’s trading session, LUMN stock is currently trading 39.7% below its 52-week high of $10.33 attained on Nov. 11, 2024.Lumen is a global communications services provider which operates one of the most interconnected networks globally. LUMN stock has ...