Corning Inc. (NYSE:GLW) saw its stock prices surge by 12.08 percent last week due to strong earnings and a positive outlook. Net income jumped by 351 percent to $469 million, with net sales increasing by 19 percent to $3.86 billion year-on-year. The company attributes this growth to key secular trends and its ‘More Corning’ content strategy. Corning Inc. (NYSE:GLW) raised its growth forecast for the year, with sales and earnings expected to grow by double digits. Guidance for the third quarter includes the impact of tariffs and increased production costs to meet demand for new products.
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Read more at Yahoo Finance: Corning Inc. (GLW) Surges 12% as Earnings, Outlook Impress
