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      Corning Stock Rises Following Major Expansion Announcement

      Corning Inc. experienced a significant increase in its stock price, rising 5.4% during the afternoon trading session. This surge is attributed to the company's announcement of a major expansion of its optical cable manufacturing facility in North Carolina.

      The expansion is supported by a multiyear supply agreement with Meta, which could be valued at up to $6 billion. This deal is expected to enhance Corning's production capabilities and strengthen its position in the optical cable market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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