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Law firm probes Corning over possible securities fraud after stock drops 13.7% post equity offering news

Market News
13 Oct 2026
GlobeNewsWire
View Source
Bearish
Law firm probes Corning over possible securities fraud after stock drops 13.7% post equity offering news

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. After the announcement on September 11, 2026, Corning's stock price fell sharply by 13.7%, raising concerns among investors. The law firm is examining whether Corning and its executives engaged in unlawful business practices. Investors affected by this drop are encouraged to contact Pomerantz LLP for potential class action participation.

Corning Incorporated (GLW) trades at USD 148.55 on Pluang as of Oct 14, 2026 05:02 WIB, showing a modest 0.88% gain in the last day. The stock's market capitalization stands at $126.87 billion, reflecting its significant size despite recent volatility. Pluang data shows a balanced order activity with 56% selling and 44% buying, indicating mixed investor sentiment.

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