Corning stock drops after CFO update, a day after Gorilla Glass Ceramic 3 launch
Corning shares dropped 4.3% to $151.04 Tuesday afternoon, reversing part of Monday’s gains after the CFO’s remarks at a Morgan Stanley conference and new product news with Motorola. The decline outpaced the broader market, with the S&P 500 ETF down 0.7%. Investors are reassessing Corning’s near-term prospects after a strong run driven by AI and data-center demand.