Corning Incorporated stock sinks below EMA200 after $2 billion equity offering

Cryptonomist 2h ago

Corning Incorporated stock sinks below EMA200 after $2 billion equity offering

Corning Incorporated stock faces a pivotal technical test after a sharp slide on news of a $2 billion equity offering. The drop clashes with an intact AI-interconnect and fiber growth story. That tension between a technical break and a supp…