🔴 Corning is trading 6.3% down in pre-market after announcing a potential $2 billion equity offering

Corning is trading 6.26% down now at $155.98 after announcing a potential $2 billion at-the-market equity offering.

• The offering may dilute existing shareholders, prompting extended-hours selling.
• Corning controls the timing, price, and volume of sales; proceeds would fund general corporate purposes.
• Broader technology weakness and risk-off sentiment are adding pressure, but the equity offering is the clearest catalyst.