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GLW Corning Inc

35.53
0.18 (0.51%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Corning Inc NYSE:GLW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.18 0.51% 35.53 35.60 35.30 35.35 7,332,409 01:00:00

Corning Inc. Shares Drop 7% as Co. Cuts Guidance For Two Segments

16/09/2019 11:53pm

Dow Jones News


Corning (NYSE:GLW)
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From May 2019 to May 2024

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   By Stephen Nakrosis 
 

Shares of Corning Inc. (GLW) are falling in Monday's after-hours market after the company said it was cutting guidance on its display technologies and optical communications segments.

At 6:18 p.m. ET, the company's shares had fallen 6.82% to trade at $28. After-hours volume topped 77,000 shares.

The company's shares finished the day's regular trading session with a 0.36% loss to close at $30.05.

After the bell Corning said it was cutting its guidance for the two segments, while maintaining guidance for its other three segments. The company also said it plans to engage in cost-cutting measures.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 16, 2019 18:38 ET (22:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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