GLW, MTSI Rise
Corning and MACOM Technology shares rise after being named as final trades on CNBC's Halftime Report
On CNBC’s “ Halftime Report Final Trades,” Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Corning Incorporated (NYSE: GLW ) as his final trade. com, Inc. (NASDAQ: AMZN ) locked in a multiyear, multibillion-dollar fiber-optics supply agreement with Corning on June 8.
S. data center buildouts and domestic manufacturing expansion. S. data center infrastructure.
Don’t forget to check out our premarket coverage here Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI ). Lending support to his choice, Barclays analyst Tom O’Malley maintained MACOM with an Overweight rating on May 22 and raised the price target from $400 to $450. MACOM Technology reported better-than-expected second-quarter financial results on May 7 and issued third-quarter guidance above estimates.
92 on Thursday. 41 during the session. Photo via Shutterstock