BUZZ - Corning shares rise after reaching an agreement with AT&T worth over $3 billion

Latest Developments

September 29 - ** Specialty glass manufacturer Corning (GLW.N) shares rose 3.6% in pre-market trading, reaching $155.95

** AT&T T.N signed a multi-year agreement with Corning (link) valued at over $3 billion, aiming to provide AT&T with fiber optics and cables to help offer high-speed internet service to more Americans — statement

** “We highly value our long-term and successful partnership with Corning and look forward to continuing our collaboration,” said AT&T Chairman and CEO John Stankey

** AT&T shares fell to $24.86 ahead of the opening bell

** As of the previous session’s close, GLW has gained about 73% so far this year

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