Corning Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Corning Inc. (GLW) inched 0.53% higher to $33.87 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.02% to 4,391.69 and Dow Jones Industrial Average falling 0.11% to 34,411.69. Corning Inc. closed $12.95 short of its 52-week high ($46.82), which the company reached on April 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 0.57% to $572.13, 3M Co. (MMM) fell 0.81% to $146.18, and TE Connectivity Ltd. (TEL) rose 0.93% to $122.00. Trading volume (3.7 M) remained 863,395 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2022.
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April 18, 2022 16:55 ET (20:55 GMT)
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