Corning Stock Has Lost Half Its Value Since June. Is It a Buy Before Its Next Report?
Shares of glass and fiber-optics maker Corning (NYSE:GLW) have had a wild 2026. The stock almost tripled between January and late June, closing at a record $255.69 on June 29. At roughly $125 as I write, shares are now down about 51% from that peak — including an 8% fall on Oct. 22 alone.
But the company is growing fast. Corning’s second-quarter core earnings per share, its non-GAAP (adjusted) measure, climbed 30% year over year. Management also forecast around 28% growth in the third quarter.
Corning posts those third-quarter results on Tuesday, Oct. 27. And despite its recent losses, the stock’s still up over 40% for 2026.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.