GLW is trading at $196.50 (5.7% down) as investors lock in gains following a sharp multi-day AI-driven rally and recent analyst upgrades that pushed the stock toward record highs.
- The pullback follows a year-long surge of over 300%, fueled by Corning’s strategic NVIDIA partnership and increased long-term sales targets.
- Broader technology stocks are also facing downward pressure today amid a weak market tape and mounting valuation concerns.