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Why Lumen Technologies Stock Sank 24.5% in 2020

TheMotleyFool

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Why Lumen Technologies Stock Sank 24.5% in 2020

Shares of Lumen Technologies (NYSE: LUMN) fell 24.5% across 2020's trading, according to data from S&P Global Market Intelligence. Despite strong momentum for the broader market, the telecom company's share price dipped amid lagging performance for its core broadband service offerings.