Pomerantz LLP is investigating Corning Incorporated for potential securities fraud following the company's announcement of a $2 billion at-the-market equity offering with Goldman Sachs. The announcement led to a 13.7% drop in Corning's stock price, falling $22.80 per share to close at $143.60. The investigation aims to determine if Corning and its officers engaged in unlawful business practices. Investors affected by the stock price decline are encouraged to contact Pomerantz LLP for possible class action participation.
Corning Incorporated (GLW) trades at USD 155.32 on Pluang as of Oct 01, 2026 21:15 WIB, showing a modest 1.03% gain in the last day. Despite the recent news of a stock price drop linked to a $2 billion equity offering, Pluang investors currently favor buying, with 81% of order activity on the platform being buy orders. The stock’s market cap stands at $132.45 billion, reflecting its significant presence in the technology sector.
Coherent's stock surged 10% following the launch of its PhotonLink platform, designed for AI data centers, and a new Outperform rating from Bernstein. The optics sector also saw gains with Lumentum up 9% and Corning rising 3%, driven by strong demand...
Corning Inc secured a multi-year contract worth over $3 billion to supply fiber and cable to AT&T as part of its plan to expand internet service to 60 million Americans by 2030. This deal supports AT&T's goal to accelerate network deployment and impr...
Optics stocks, led by Lumentum Holdings, surged after a sharp selloff triggered by Citi's forecast of an $11 billion optical switching market by 2030. Lumentum rose 7%, supported by strong Q4 FY2026 results and optimistic guidance for Q1 FY2027, refl...
AT&T and Corning have signed a multi-year agreement worth over $3 billion for Corning to supply fiber and cable to expand AT&T's high-speed internet network. This deal supports AT&T's goal to connect 60 million Americans with fast, reliable fiber int...
Optics stocks including Coherent, Applied Optoelectronics, and Corning dropped sharply despite Citi's bullish $11 billion optical switching market forecast. The selloff appears driven by profit-taking after these high-beta stocks surged significantly...
