Why Corning Stock Plunged Today
The optical fiber specialist reported results that beat expectations, but investors wanted more.
Overview
Shares of Corning (NYSE: GLW) fell out of the gate on Tuesday, tumbling as much as 20.1%. As of 11:07 a.m. ET, the stock was still down 19.4%.
The catalyst that sent the optical fiber specialist lower was the company's financial results, which investors found wanting.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.