Why Lumen Technologies Stock Was Rocketing Higher Today
A deal with a top name in data analytics brought the bulls into Lumen Technologies (NYSE: LUMN) stock on Thursday. The telecom company saw its share price swell by more than 5% that day, a figure that was far more than high enough to top the S&P 500 index's 0.8% gain.
Before market open, that data analytics specialist -- Palantir Technologies -- announced that it and Lumen are collaborating on a next-generation initiative. Palantir will bring its foundry and artificial intelligence (AI) platform to Lumen as part of the latter company's broad effort to update, modernize, and streamline its operations.
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Source Fool.com
