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Corning's recently published third-quarter results arrived with plenty for investors to be excited about. Why Corning Stock Is Surging Today Skip to main content
Corning (NYSE: GLW) stock jumped 5.2% through 1:05 p.m. ET Wednesday afternoon after Deutsche Bank analyst Matt Niknam raised his price target on the glassmaker to $49 per share and reiterated his ...
Corning (GLW) closed the most recent trading day at $36.78, moving -0.41% from the previous trading session.
Failure to succeed in photonics and the collapse in 2000 of the dot-com market had a major impact on the company, and Corning stock plummeted to $1 per share. However, as of 2007 the company had posted five straight years of improving financial performance.
Corning (GLW) closed at $34.32 in the latest trading session, marking a -0.58% move from the prior day.
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With a market cap of $41 billion and $13 billion in 2023 revenue, Corning’s stock price has increased 50% since January. And optical fiber now accounts for 30% of the company’s revenue.