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Corning surged 14.6% overnight due to the impact of FTSE Russell index adjustments

Corning surged 14.6% overnight due to the impact of FTSE Russell index adjustments

格隆汇格隆汇2026/06/30 01:38
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Glonghui June 30|Corning surged 14.6% overnight and its share price volatility intensified, mainly due to changes in FTSE Russell index composition starting this Monday. According to reports, Corning has been removed from several value stock benchmark indices and included in key growth stock indices, such as the Russell 3000 Growth Index, Russell 1000 Growth Index, and Russell Top 200 Growth Index. This style shift has triggered significant buying by both passive and active institutional funds, with fund managers actively readjusting their portfolios to reflect the company's transition from a cyclical value stock to a high-growth technology enabler.
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