NEW YORK, Feb 13, 2026, 14:37 EST — Regular session
- Corning shares bounced back from earlier losses, edging up modestly by the afternoon.
- The latest annual report showed robust gains for Optical Communications, fueled by surging generative-AI and data-center demand.
- Feb. 27 brings the next near-term milestone: the dividend record date.
Corning Incorporated (NYSE: GLW) bounced back in Friday afternoon trade, last up 0.4% at $132.00, recovering from a sharp drop of as much as 5% earlier. Shares moved within a range of $124.91 to $132.28.
The stock slid 1.1% on Thursday, putting it roughly 2% under its 52-week peak from Feb. 11, with trading volume notably surpassing recent norms.
Stocks found some footing following softer inflation data, though tech and AI stocks dragged, capping a tough week for those sectors. LSEG data indicated traders ramped up wagers that the Federal Reserve might cut rates by June.
Corning’s annual SEC filing Thursday showed a 35% jump in Optical Communications segment sales for 2025, reaching $6.27 billion. The company credited heightened demand from its enterprise group, driven by “Generative AI” offerings, as well as datacenter interconnect and fiber-to-the-home activity. Corning put “core” earnings at $2.52 per share, with $16.4 billion in core net sales, using its own adjusted metrics that strip out things like currency effects and one-time charges. SEC
Corning’s board this week set a quarterly dividend at $0.28 per share, the company announced. Shareholders on record as of Feb. 27 will get paid March 30.
Executive vice president and chief corporate development officer John Z. Zhang unloaded 1,531 shares on Feb. 12, according to a Form 4. The weighted average price landed at $133.7457, with the transactions spanning a range from $133.46 up to $134.15 per share, the filing showed.
Elsewhere in optical and networking, Ciena rose roughly 2.5%, while Lumentum slipped 2.4%.
Still, the back-and-forth action shows just how fast momentum can disappear when tech spending or valuations make investors nervous. If there’s even a hint that data-center construction is losing steam—or that appetite for display glass and mobile parts is cooling—the stock could be left on shaky ground.
Feb. 27 brings the dividend record date; in the meantime, investors are combing through the just-filed 10-K, watching for any tweaks to segment reporting or hints about demand.
