Corning Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Corning Inc. (GLW) slumped 0.09% to $34.64 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.48% to 4,393.66 and Dow Jones Industrial Average falling 1.05% to 34,792.76. This was the stock's second consecutive day of losses. Corning Inc. closed $12.18 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 Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 1.81% to $580.43, 3M Co. (MMM) rose 0.78% to $151.77, and TE Connectivity Ltd. (TEL) fell 0.51% to $126.02. Trading volume (4.5 M) remained 97,594 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2022.
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April 22, 2022 07:50 ET (11:50 GMT)
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