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Corning Incorporated (GLW)

NYSE - Nasdaq Real Time Price. Currency in USD
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37.40-0.13 (-0.36%)
As of 12:45PM EST. Market open.
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  • r
    robert
    This board is too quiet! No interest I guess.
  • S
    Somarphous
    A lot of interest today, loving the 2X volatility, great for option traders, forgot to mention that there was huge options vol. yesterday for Dec. 3rd expiry.
  • M
    Metalmeister
    Anyone here when GLW was $109? Just looked at max chart.
  • B
    Brody
    I work in construction and Corning also manufactures many different types, sizes, gauges of fiber optic cables. Some running inner city infastructure and others maintaining whole regions. This comapny is bound to do well over long run. Internet has become a necessity for lots and with Corning supplying the demand, theres no doubt in my mind this comapny is good
  • r
    robert
    @HOBO: okay, just hope others don’t believe it. As I said before, this stock only moves (except for the buybacks) only around earnings.
  • r
    robert
    Corning must be buying a lot of their stock I guess.
  • r
    robert
    Surprised volume is not above average with this price increase.
  • S
    Somarphous
    GLW has been outperforming the market the last few days, we should be able to take out $40 by end of Nov. and hope that Corning2retire's prediction of $43 by end of 2021 is correct.
  • d
    dbtunr
    the new BBB bill has a 1% tax on stock buybacks. GLW should accelerate their buyback before year end
  • s
    steve
    Let’s face it. The industry GLW is in is not much of an exciting issue to bring out a crowd for discussion. The company is easily over looked in the tech world and windshields and laboratory beakers are hardly table talk. There’s very little to attract and inspire millions of new investors to part with several thousand dollars in this. What this company needs is profit margins and earnings growth with acceleration to even begin any enthusiasm. Until then, it’s more of the same old slow slug upward movement as in the past. Long long long term bull here.
  • A
    Anonymous
    William Kerwin
    Analyst - Morningstar
    Analyst Note | by William Kerwin Updated Oct 26, 2021
    We’re maintaining our $40 fair value estimate for narrow-moat Corning after the company reported third-quarter results that were in line with management guidance. Corning’s strong pace of revenue growth continues, but its profitability is still dampened by rising input and logistics costs. We maintain our expectations for robust top-line growth to continue behind secular tailwinds toward 5G and connectivity, as well as growing dollar content in end applications. With shares down more than 5% after the release, we believe the market is skeptical about Corning’s ability to grow the bottom line in pace with revenue. We think current inflationary pressure on margins will be short term and that Corning’s profitability will improve as it leverages its centralized cost advantage and uses its sticky customer relationships to pass on pricing increases. We view shares as undervalued and think the current price presents an increasingly attractive opportunity to invest in a diversified, excellent operator with long-term growth potential.
  • A
    Anonymous
    From fatta
    This should help GLW
    The infrastructure bill
    INTERNET ACCESS

    The legislation’s $65 billion for broadband access would aim to improve internet services for rural areas, low-income families and tribal communities. Most of the money would be made available through grants to states.
  • W
    What'sup
    did anyone receive a divined ...... have it posted for the 10th
  • R
    Robert
    we will be up to 40 by December 5th
  • S
    Somarphous
    Today is ex-dividend, hopefully there were buybacks done after the earnings, don't have to pay dividends on the treasury stock.
  • R
    Robert
    "Sales reach all=time highs" "net income drops 13% shares fall"

    Above are the two headlines from today looks like more fiscal discipline is in order!

    Where is the money going from those increased sales to decrease net income 13%? Hope it's not increased compensation for management. Need new and better management for this great company!!

    More money coming in and 13% less profit can anyone explain it to me.
  • R
    Rosemary
    What happened today that Corning is up
  • R
    Robert
    Nelson Peltz or someone like you where are you? We are in need for someone to come in and fix up Corning they need to start raising prices on their products they sell but are to weak to accomplish it. We need you to extract the value out of this great company. SALES ARE AT ALL TIME HIGHS BUT PROFITS DROPPED 13% they finally are making miniscule price adjustments but need to be more aggressive.
  • r
    robert
    Furthermore, in 20 years this stock has shown miniscule growth.