Corning: Why It Was The S&P 500's Top Performing Stock Last Week
GLWCorning(GLW) Seeking Alpha·2024-07-11 11:11
ViewApartMy last article on Corning (NYSE:GLW), entitled, “Corning: The 500 Pound Gorilla Glass Stock” appeared on iREIT on the 9th of January. GLW was trading for $30.59 when that piece debuted. I rated Corning as a Buy, and since then, the share price has increased by roughly 46%, well above the 17% gain posted by the S&P 500. Of course, it didn’t hurt that Corning was the S&P’s best performer last week after posting a 17.5% gain over a five-day period. The jump in share price followed management’s an ...