Corning is trading 4.61% lower at $132.07 as technology shares face renewed pressure on October 16.
- Reuters reports investors are worried about AI-related debt and whether data-center operators can generate enough profits to repay it.
- Hotter-than-expected inflation has strengthened expectations for higher interest rates.
- Broad market pressures offer the clearest explanation for the decline; no fresh company-specific catalyst was identified.