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Why Lumen Stock Surged This Week

TheMotleyFool

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Lumen (NYSE: LUMN) stock closed out this week's trading with big gains. The company's share price surged 7.8% higher compared to where it stood at market close on Friday of the previous week.

Lumen's valuation gained ground this week in response to news that the telecommunications company had signed a new deal with the broadcasting division of the Pac-12 college sports conference. The gains over the last week helped the telecom specialist cut its stock slide across 2025's trading to 6.4%.

Image source: Getty Images.

Source Fool.com

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