Why Lumen Technologies Rallied This Week

Key Points Lumen unveiled its new RapidRoutes product this week. CEO Kate Johnson also spoke at the Goldman Sachs Communacopia Conference. She projects a return to growth by 2029. 10 stocks we like better than Lumen Technologies › Shares of enterprise network giant Lumen Technologies (NYSE: LUMN) rallied this week, up 29.3% as of 2:45 p.m. ET on Friday. Lumen has been battered in recent years, due to falling revenue and a high debt burden. However, the stock has recovered from its lows, as artif ...