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Why Lumen Stock Is Soaring Today
The Motley Foolยท 2025-05-05 19:44
Lumen (LUMN 12.04%) stock is soaring higher Monday. The telecom company's share price was up 11% as of 3:30 p.m. ET. Meanwhile, the S&P 500 was down 0.3% and the Nasdaq Composite was down 0.5%. Lumen's valuation is surging today thanks to positive analyst coverage. The company's stock is still down roughly 21% across 2025's trading, but it's up 219% over the last year. Raymond James upgrades its rating on Lumen stock In a note published before the market opened this morning, Raymond James raised its rating ...