Corning Incorporated is an American manufacturer of specialty glass, ceramics, and related materials and technologies. The company's history dates back to 1851 when Amory Houghton founded the company in Corning, New York. Since then, the company has grown to become a global leader in technology, engineering, science, and materials. Corning is best known for its invention and production of Gorilla Glass, a specialized glass used in many electronic devices like smartphones, tablets, and laptop screens. Corning also produces specialty glass and ceramics for numerous industries, including automotive, aerospace, telecommunications, pharmaceuticals, and more.
Corning Stock Price History
Corning Incorporated has a long history of stock price performance. The company’s stock has been traded on the New York Stock Exchange (NYSE) since March 14, 1957. Since then, the stock has had a wide range of highs and lows. The stock price has gone through periods of extreme volatility, and it has also experienced periods of relative stability. From January 1, 1957 to December 31, 2022, the stock price has gone from a low of $0.28 to a high of $60.45. Over the past five years, the stock has been trading in the range of $15 to $30.
Corning Stock Price Performance by Year
The stock price of Corning Incorporated has been on a steady upward trajectory since its initial public offering in 1957. The stock has seen large gains in some years, such as the years between 2002 and 2007 when the stock price more than doubled. In other years, such as 2011 and 2020, the stock has seen a decrease in value. Below is a chart of the stock’s performance by year.
Year Percent Change
2002 102%
2003 44%
2004 34%
2005 25%
2006 53%
2007 44%
2008 -40%
2009 117%
2010 33%
2011 -11%
2012 25%
2013 37%
2014 13%
2015 -2%
2016 14%
2017 31%
2018 13%
2019 30%
2020 -17%
2021 24%
2022 13%
Analyzing the Corning Inc Stock Price
The stock price of Corning Incorporated has been on a general upward trajectory since its debut on the New York Stock Exchange. The stock has seen some periods of extreme volatility and some periods of relative stability. In the past five years, the stock has been trading in the range of $15 to $30. Overall, the Corning Inc stock has had a good performance since its initial public offering in 1957. The stock has had some years with gains, and some years with losses, but it has generally been moving in an upward direction.
Corning Stock Price Predictions
It is impossible to predict the future of the Corning Inc stock price with any certainty. However, analysts are generally optimistic about the company’s future. Analysts believe that Corning’s products and services will continue to be in demand, and that the company will continue to be successful. The company’s strong financial performance, as well as its strong research and development, are expected to keep the stock price on an upward trajectory. Analysts have predicted that the stock price is likely to reach the $50 range by the end of 2023.
Conclusion
Corning Incorporated has a long history of stock price performance. Since its initial public offering in 1957, the stock price has gone through periods of extreme volatility and periods of relative stability. The stock price has generally been on an upward trajectory, and analysts believe that the stock price is likely to reach the $50 range by the end of 2023. Corning Inc’s products and services are in high demand, and the company is expected to continue to be successful in the future.