Down 20%, Is Corning Stock Worth Buying Now? [The Motley Fool]
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
Check Earnings Report
US:NYSE Investor Relations:
corning.com/worldwide/en/about-us/investor-relations.html
Company Research
Source: The Motley Fool
Down 20%, Is Corning Stock Worth Buying Now? Revisiting the glass technology leader's latest quarterly results. When Corning ( NYSE:GLW ) released third-quarter 2019 results on Oct. 29, the market seemed indifferent, with shares of the glass technology company up only slightly on the news -- that is, until we recall that Corning stock had already plunged in mid-September after management's early look at Q3 performance, tempering expectations for the company's two largest segments . In fact, that marked Corning's second such guidance reduction in as many quarters, and leaves the stock down around 20% from its 52-week high, as of this writing. Now that the dust has settled, it's time to ask: Is Corning stock worth buying on the drop? Let's look at what the company accomplished in its most recent quarter, starting with its headline numbers: Data source: Corning. GAAP = generally accepted accounting principles. To be clear, those GAAP results include the impact of headwinds such as curre
Show less
Read more
Impact Snapshot
Event Time:
GLW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLW alerts
High impacting Corning Incorporated news events
Weekly update
A roundup of the hottest topics
GLW
News
- Gorilla Glass maker Corning is set to receive $32 million under the CHIPS and Science Act [Yahoo! Finance]Yahoo! Finance
- Canton Corning plant to get $32 million in CHIPS funding, expecting to add 130 jobs [Yahoo! Finance]Yahoo! Finance
- Corning faces EU antitrust scrutiny over Gorilla Glass deals with phone makers [Yahoo! Finance]Yahoo! Finance
- Pipette Tips Global Strategic Business Report 2024-2030 Featuring Major Players - Biotix, Corning, Eppendorf, Hamilton, Mettler Toledo, Sarstedt, Sartorius, Sorenson, Tecan, & Thermo Fisher Scientific [Yahoo! Finance]Yahoo! Finance
- Corning Incorporated (NYSE: GLW) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GLW
Earnings
- 10/29/24 - Beat
GLW
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- GLW's page on the SEC website