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Why Lumen Technologies Stock Was Winning This Week


Network reliability is crucial for any telecom company; it nearly goes without saying. This is a major reason why investors were happy to snap up shares of Lumen Technologies (NYSE: LUMN) -- after the company detailed its preparations for emergency situations, its stock was trading up by more than 10% in price as of Thursday evening, according to data compiled by S&P Global Market Intelligence.

Lumen laid out those plans in a press release it published Monday morning. Across its rather sprawling enterprise network, the company said it is utilizing cutting-edge technologies like artificial intelligence (AI) and geospatial monitoring to keep customers connected in emergency situations.

Image source: Getty Images.

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Source Fool.com

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