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Two firms sold off shares in Corning, but the tech company still beat earnings expectations.
Massachusetts Financial Services Co. and Wealth Advisors of Tampa Bay LLC both reduced their stakes in Corning Incorporated, with the former selling 524,050 shares and the latter selling 4,050 shares.
Despite these sales, Corning reported strong earnings, surpassing analyst expectations, with a stock price between $30.72 and $55.33 over the past year.
The company, which operates in display technologies, optical communications, and other tech sectors, has a market cap of $36.27 billion.
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Dos firmas vendieron acciones en Corning, pero la compañía de tecnología aún supera las expectativas de ganancias.