Corning is trading 5.1% down at $178.15 as shares face continued profit-taking and volatility following a sharp AI-driven rally and recent valuation reset.
- The move comes without fresh company-specific news, appearing to be a digestion of prior downgrades and high expectations for AI-fiber demand.
- Shares remain vulnerable to a pullback after a significant run-up that left valuation levels stretched relative to historical norms.