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Why Lumen Stock Skyrocketed Again Today

The Motley Fool
Summary
Nutrition label

77% Informative

Lumen Technologies (NYSE: LUMN) stock soared again in Wednesday 's trading.

The telecom's share price ended the daily session up 32.6% , according to data from S&P Global Market Intelligence .

Shares had been up as much as 56.6% earlier in the day .

Lumen recorded a non-GAAP (adjusted) loss per share of $ 0.13 on revenue of $3.27 billion in the second quarter .

The company's sales fell 10.7% year over year in the quarter .

VR Score

70

Informative language

66

Neutral language

25

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links