Lumen stock jumps 7% after $650 million bond pricing as Jan. 7 debt tender deadline nears
New York, Jan 6, 2026, 2:07 PM ET — Regular session Shares of Lumen Technologies (LUMN) climbed about 7% on Tuesday after the telecom firm priced $650 million of additional high-yield bonds tied to a broader debt buyback. The stock was up 54 cents at $8.11 in afternoon trading after earlier touching $8.23. The move underscores investor focus on Lumen’s debt-management effort, as the company taps markets to retire older obligations and push out maturities. Traders are watching whether the steps lower refinancing risk without tightening cash flow. Level 3 Financing, a wholly owned unit of Lumen, agreed to sell