🔴 Lumen Technologies is trading 11.3% down today after earnings amid a broad technology selloff

Lumen Technologies is trading 11.3% down at $3.96 after its November 4 earnings report, amid a broad technology selloff.

• Strategic revenue grew, but total revenue fell to $2.715 billion; management reiterated its 2026 outlook.
• Shares closed at $4.47 on November 4, down 5.89%, before falling further on November 5.
• Increased scrutiny of AI and data centers could slow industry expansion; reports do not establish a Lumen-specific announcement as the direct cause of the further decline.