Why a Stock moved Up Today +10.22%: $GLW Corning jumped to about $123.59 from a $112.13 close after Jefferies initiated coverage with a Buy rating and a $134 p

Why a Stock moved Up Today +10.22%: $GLW Corning jumped to about $123.59 from a $112.13 close after Jefferies initiated coverage with a Buy rating and a $134 price target, calling the company a core beneficiary of optical-fiber demand from hyperscale data centers. In the latest quarter, Optical Com…