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Why Lumen Technologies Rocketed Nearly 30% Higher Today

Source: Motley Fool

2026-02-06 16:42:17 ET

Shares of fiber network giant Lumen Technologies (NYSE: LUMN) rocketed 29.2% on Friday.

It was a big comeback for the stock, which had been decimated after its fourth-quarter earnings release on Tuesday afternoon.

Today, the company disclosed that CEO Kate Johnson took the post-earnings sell-off as an opportunity to buy a cool half-million worth of stock, a trade that was executed yesterday.

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Lumen Technologies Inc.

NASDAQ: LUMN

LUMN Trading

-1.92% G/L:

$6.5283 Last:

528,233 Volume:

$6.51 Open:

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LUMN Latest News

LUMN Stock Data

$7,953,867,204
946,669,172
0.99%
273
N/A
Telecommunications
Media
US
Monroe

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