Corning shares rose more than 7.5% on Sept. 8, hitting an intraday high of $166, the highest level since Aug. 17, according to market data from BIT (bit.com). Verizon Communications also moved higher, with its gain climbing back above 0.8%.
The move came as Corning signed a multibillion-dollar agreement to supply high-density optical fiber to Verizon. The contract is set to run from 2027 through 2032. The update focused on the immediate market reaction in both stocks and identified the supply agreement as the key disclosed development tied to the price move.
Corning (GLW) rose more than 7.5% on Sept. 8, reaching an intraday high of $166, its highest level since Aug. 17, according to market data from BIT (bit.com). Verizon Communications (VZ) also gained, with its advance moving back above 0.8%.
Corning has signed a multibillion-dollar agreement to supply high-density optical fiber to Verizon. The contract covers the period from 2027 to 2032.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
