NYSE:GLWElectronic
Is It Too Late To Reassess Corning (GLW) After Its Strong Multi Year Rally?
If you are wondering whether Corning’s share price still reflects fair value after a strong run, you are not alone.
The stock closed at US$85.23, with returns of 84.3% over 1 year, 156.8% over 3 years and 158.7% over 5 years, although the last 7 days and 30 days saw declines of 6.0% and 9.5% respectively.
Recent headlines around Corning have focused on its position in glass and material technologies and how that ties into demand from electronics and communications end markets. This context...