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Barchart
Barchart
Mark R. Hake, CFA

Corning Stock Skyrockets on AI-Related Demand, Spurring Unusual Call Option Buying

Corning, Inc. (GLW) stock is up over 10% today, and Barchart reports huge, unusual GLW call options volume in a nearby expiry period for an out-of-the-money strike price. Investors can't get enough of GLW stock.

GLW is at $216.16 today, up over 10% and over 28.5% since June 10 ($168.17), after Corning announced a new manufacturing collaboration deal with Amazon (AMZN) on June 8 for fiber optics related to data centers and AI-related demand.

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