🔴 Corning is trading 4.1% down after Bernstein's Market Perform rating

Corning is trading 4.1% down at $153.87; September 30 coverage linked the decline to Bernstein’s new Market Perform rating and $140 target.

• Lingering concerns remain over potential dilution from Corning’s $2 billion at-the-market equity program.
• Prior-session gains were 4.70% after a more-than-$3 billion AT&T fiber deal; that news does not explain today’s decline.
• Major U.S. indexes were mixed to higher, so broad weakness does not appear to explain the drop; volume data was unavailable.