Lumen Surges 30% in a Month: Where Will the Stock Head From Here?

Lumen Technologies, Inc.’s (LUMN) shares have surged 29.6% in the past month, outpacing the S&P 500 composite and Diversified Communications Services sector’s growth of 15.4% and 6.3%, respectively.Lumen also outperformed some of its peers, such as Verizon Communications (VZ) , AT&T (T) , and T-Mobile US, Inc. (TMUS) . Verizon and AT&T have registered gains of 3.2% and 6.4% respectively, while T-Mobile has lost 3.7% over the same time frame. Image Source: Zacks Investment ResearchClosing at $3.98 as of yest ...