Corning Stock Slides on Fears of Slowing Demand for TVs, PCs and Smartphones

Corning Stock Slides on Fears of Slowing Demand for TVs, PCs and Smartphones

Text size Barclays analyst Tim Long lowered his rating on Corning shares to Equal Weight from Overweight. Courtesy of Corning There are signs that the combined effects of rising interest rates and rising inflation are beginning to weigh on consumer demand. Adobe this morning revealed new data that shows a slowdown in U.S. e-commerce spending …

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