NEW YORK, Feb 13, 2026, 14:37 EST — Regular session
- Corning shares reversed an early slide and were modestly higher in afternoon trade.
- A newly filed annual report detailed strong growth in Optical Communications tied to generative-AI and data-center demand.
- The next near-term marker is the Feb. 27 dividend record date.
Shares of Corning Incorporated (NYSE: GLW) were up 0.4% at $132.00 in afternoon trading on Friday, after sliding as much as 5% earlier in the session. The stock has traded between $124.91 and $132.28.
Thursday’s 1.1% drop left the stock about 2% below a 52-week high hit on Feb. 11, even as trading volume ran well above recent averages. (MarketWatch)
The broader market steadied after a cooler-than-expected inflation reading, but investors still faced a rough week for tech and AI-linked names. Markets also lifted bets on a Federal Reserve rate cut by June, LSEG data showed. (Reuters)
In an annual report filed with the U.S. Securities and Exchange Commission on Thursday, Corning said Optical Communications segment net sales rose 35% to $6.27 billion in 2025, helped by demand in its enterprise business tied to “Generative AI” products and by datacenter interconnect and fiber-to-the-home. Corning also reported “core” earnings of $2.52 per share on $16.4 billion in core net sales, using an adjusted measure it says excludes items such as currency swings and one-off charges. (SEC)
Earlier this week, Corning’s board declared a quarterly dividend of $0.28 per share, payable on March 30 to shareholders of record on Feb. 27, the company said. (Corning)
A Form 4 filing, which discloses insider transactions, showed executive vice president and chief corporate development officer John Z. Zhang sold 1,531 shares on Feb. 12 at a weighted average price of $133.7457. The filing said the shares were sold in multiple transactions at prices ranging from $133.46 to $134.15. (SEC)
Other optical and networking names traded unevenly, with Ciena up about 2.5% and Lumentum down about 2.4%.
But the whipsaw trading underlines how quickly momentum can fade when investors are skittish about tech spending and valuations. Any sign that data-center buildouts are slowing — or that demand for display glass and mobile-device components is softening — could leave the stock exposed.
The next near-term marker is Feb. 27, the dividend record date, while investors work through the newly filed 10-K for any shifts in segment reporting and demand commentary.
