Corning Inc. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Corning Inc. (GLW) dropped 0.12% to $34.67 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.71% to 35,160.79 and the S&P 500 Index falling 0.06% to 4,459.45. The stock's fall snapped a two-day winning streak. Corning Inc. closed $12.15 short of its 52-week high ($46.82), which the company achieved on April 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) rose 2.96% to $591.15, 3M Co. (MMM) rose 0.33% to $150.59, and TE Connectivity Ltd. (TEL) rose 1.84% to $126.67. Trading volume (5.0 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 20, 2022.
-MarketWatch Automation
(END) Dow Jones Newswires
April 20, 2022 16:55 ET (20:55 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.