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What happened to the Corning Incorporated stock price?

The Corning Incorporated stock price fell by -1.12% on the last day (Friday, 21st Apr 2023) from $33.98 to $33.60. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 1.65% from a day low at $33.40 to a day high of $33.95. The price has fallen in 7 of the last 10 days and is down by -1.47% for this period.

Is Corning Incorporated (Corning) a good stock to buy?

Corning Incorporated finds support from accumulated volume at $33.56 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low.

Is Corning stock reaching its near-term potential?

After a solid 2x rise since the March 23 levels of this year, at the current price of around $36 per share we believe Corning stock (NYSE: GLW), has reached its near-term potential.

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