Corning Shares Jump 2.5% to 52-Week High as Fiber Optics and 5G Demand Drive Trading Volume to 195th in Market Activity

Corning Inc. (GLW) rose 2.50% on August 28, 2025, with a trading volume of $0.50 billion—a 75.18% increase from the previous day—ranking 195th in market activity. The stock hit a 52-week high of $69.29, driven by surging demand for fiber optics and 5G infrastructure. Options activity in contracts like GLW20250905C69 and GLW20250905C70 amplified momentum, with technical indicators showing overbought RSI levels and bullish MACD divergence. Analysts linked the rally to broader telecom sector strength, including advancements in AI-powered networking and 5G standalone deployments.

Market participants highlighted Corning’s strategic role in enabling next-generation connectivity, with fiber optics and data center interconnects gaining traction. The Communication Equipment sector saw Cisco Systems (CSCO) rise 1.54%, reinforcing sector-wide optimism. Corning’s breakout above its 200-day moving average ($50.42) triggered algorithmic buying, while Bollinger Bands indicated aggressive positioning near $69.065. Institutional options flows, particularly in high-leverage call contracts, signaled confidence in sustaining key resistance levels.

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