Markets
Corning (GLW) Stock Plunges 13% After Surprise $2 Billion Stock Offering
CoinCentral·September 15, 2026·1 min read
Corning stock fell 13.6% after announcing a $2 billion at-the-market equity offering via Goldman Sachs, sparking dilution fears. Mizuho maintained a Buy rating but cut its price target from $210 to $180. AI spending jitters also dragged down optical hardware stocks.
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