Corning stock slides into the weekend as CPI and Jan. 28 earnings loom
Corning shares closed at $85.23 on Friday, down 0.12% after a 3% drop the previous day. Investors await the Jan. 28 earnings call for updates on optical-communications demand. The stock traded 6.1 million shares, ranging from $85.02 to $86.65. U.S. CPI data on Jan. 13 is expected to influence rate-cut bets and stock valuations.