Corning traded at $191.81 this Friday May 15th, decreasing $16.47 or 7.91 percent since the previous trading session. Looking back, over the last four weeks, Corning lost 15.49 percent. Over the last 12 months, its price rose by 297.78 percent. Looking ahead, we forecast Corning to be priced at 187.95 by the end of this quarter and at 176.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Corning Incorporated is a materials science technology and innovation company. The Company's segments include Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences. The Display Technologies segment manufactures glass substrates for flat panel liquid crystal displays and other high-performance display panels. The Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. The Environmental Technologies segment manufactures ceramic substrates and filters for automotive and diesel applications. The Specialty Materials segment manufactures products that provide more than 150 material formulations for glass, glass ceramics and fluoride crystals. The Life Sciences segment manufactures glass and plastic labware, equipment, media, serum and reagents enabling workflow solutions for drug discovery and bioproduction.