Corning is trading at $150.99 (4.7% down) following a sharp multi-day correction and fresh analyst caution regarding its valuation.
- JPMorgan placed the stock on its Negative Catalyst Watch, citing a stretched valuation ahead of the July 28 earnings report.
- The caution follows a near-100% year-to-date rally, which analysts suggest leaves little room for disappointment in upcoming financial results.