Lumen stock posts record annual decline this year with another sharp decline

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Lumen Technologies Inc. Not the best the S&P 500 losers this year.

Seven the eight worst-performing names in the index so far in are beaten bank stocks, including SVB Financial Group and Signature Bank SBNY, whose respective banks have collapsed and been taken over by the government. SVB and Signature shares remain halted and are expected to boot from the S&P 500 SPX later today.


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