Lumen Technologies shares surge double digits on insider buying
LUMN Lumen Technologies Inc
$4.71 +9.03%
View chart & analysis → - 1Lumen Technologies shares rose 10.9% as of 12:33 PM EDT on Tuesday.
- 2Kate Johnson purchased 100,000 shares on November 6 at an average price of $3.96.
- 3Director Michelle Goldberg increased her holdings by approximately one-third by purchasing 25,000 shares at $3.91.
So what's the key point?
Insiders at Lumen Technologies bought a significant amount of company stock. The stock price rose 10.9% following news that company officials purchased shares directly.
Source The Motley Fool +1 · View original ↗
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