Volume Spike Investor

Corning Inc. (NYSE: GLW) shares are down 2 percent to $16.63 on premarket volume of about 53,000 shares as of 7:55 a.m. Eastern, on disappointing expectations for glass shipments. The company reported EPS of 39 cents a share, 7 cents better than analyst expectations. Revenue fell 17.6 percent from the same period a year earlier to $1.4 billion, vs. expectations of $1.36 billion. The company said its third-quarter glass shipments will be flat to up slightly vs. the second quarter. — Mike Tarsala