Over 30% Rise In Corning’s Stock Possible After COVID-19 Crisis?

Over 30% Rise In Corning’s Stock Possible After COVID-19 Crisis?

We compare the performance of Corning vis-à-vis the S&P 500 in our interactive dashboard analysis, 2007-08 vs. 2020 Crisis Comparison: Corning Electric Stock Compared With S&P 500. Overall, there have been two distinct trends driving the recent sell-off.. Lower shipments (due to a fall in demand) is likely to put pressure on the company's revenues in 2020, which explains the drop in the company's stock price.. While GLW stock has declined due to the coronavirus and oil price war crisis, going by trends seen during the 2008 slowdown, it's likely that it could bounce back strongly and potentially outperform as the crisis winds down.. Based on 2008 crisis comparison, GLW stock could potentially see an upside of around 30% post the current crisis.. The complete set of coronavirus impact and timing analyses is available .. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price..