Significant activity is seen surrounding Corning Incorporated (NYSE:GLW). Several investment firms including Wealthspire Advisors and Forsta AP Fonden are reportedly acquiring new positions in Corning. The firm has also announced a $0.28 dividend. Corning has also predicted a rise in Q2 sales, backed by solid demand. From a performance perspective, Corning topped the S&P 500's list of high-performing stocks. Institutions like Nordea Investment Management AB and Texas Permanent School Fund Corp sold their shares, while other investors such as Mutual of America and Financial Counselors Inc. increased their holdings. The company's stock has been adjusting after significant gains over the previous year, fueled by AI boost. Corning's AI Sales seem to be promising while analysts at Citigroup and Deutsche Bank increased their price target for the company. Corning's Q4 2023 and Q1 2024 earnings call transcripts were released. Meanwhile, Corning's stock value rose following an analyst upgrade.
Corning Incorporated GLW News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 16:12:19 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -2
