Why Lumen Technologies, Inc. (LUMN) Surged on Monday

We recently published an article titled Why Traders Flocked to These 10 Stocks on Monday. In this article, we are going to take a look at where Lumen Technologies, Inc. (NYSE:LUMN) stands against the other stocks.

The stock market kicked off the trading week on a mixed note, with two major indices ending in the green, as investors continued to digest more corporate earnings results.

Among the bellwether indices, only the Nasdaq ended in the red, dropping 0.10 percent. In contrast, the Dow Jones grew by 0.28 percent and the S&P 500 inched up by 0.06 percent.

Meanwhile, 10 companies mirrored a broader market optimism, as investors snapped up shares ahead of their first-quarter earnings performance in the next few days.

To come up with the list, we considered only the companies with a $2-billion market capitalization and $5-million trading volume.

Is Lumen Technologies, Inc. (LUMN) the Best Multibagger Penny Stock to Buy According to Billionaires?

Close-up of a technician’s hands adjusting a communication router.

Lumen Technologies, Inc. (NYSE:LUMN)

Lumen Technologies, Inc. (NYSE:LUMN) extended its winning streak for a fifth consecutive day on Monday, adding 6.86 percent to close at $3.58 apiece as investors gobbled up shares ahead of its earnings results this week.

According to the company, it is scheduled to release the key highlights of its financial and operating performance for the past quarter after market close on Thursday, May 1, 2025.

In recent news, Lumen Technologies, Inc. (NYSE:LUMN) launched a new cybersecurity solution called Defender Plus, which aims to automatically intercept and neutralize online threats before they reach enterprise networks.

The new product, powered by the threat intelligence of Black Lotus Labs, aims to tackle a wide range of cybersecurity risks, including bots, phishing attacks, malware, spam, and command-and-control operations, among others.

Unlike conventional solutions, the Defender Plus is capable of identifying and blocking malicious activities before penetrating an organization’s digital platform.

In a pilot test, Lumen Technologies, Inc. (NYSE:LUMN) said that the new tool resulted in up to an 80 percent drop in security alerts and hundreds of blocked phishing attacks.

Overall LUMN ranks 5th on our list of the best performing stocks on Monday. While we acknowledge the potential of LUMN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LUMN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.