Corning rises after signing fiber-optic cable deal with Meta
ReutersJan 27, 2026 2:35 PM
Specialty glass maker Corning's GLW.N shares rise ~9% to $103.74
Meta Platforms META.O signs deal to pay GLW $6 billion for fiber, cable and connectivity products
GLW to expand manufacturing capacity in North Carolina, including at the cable factory in Hickory where META will be the main customer
In 2025, GLW gained 84.3%; Meta gained 12.7%
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