GLW jumps after Verizon announces multi-year optical-fiber supply deal
Corning (GLW) rose as much as 6% on Tuesday morning after Verizon (VZ) announced a multi-year, multi-billion-dollar supply agreement for high-density optical fiber.
Corning Inc. (GLW) shares rose as much as 6% on Tuesday morning after Verizon Communications Inc. (VZ) announced a multi-year, multi-billion-dollar supply agreement with the glass and optical-fiber maker. Under the agreement, Verizon will secure more than 80 million miles of high-density optical fiber.