Corning Inc. Stock Falls Friday, Still Outperforms Market
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Shares of Corning Inc. (GLW) slid 2.42% to $33.80 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.77% to 4,271.78 and Dow Jones Industrial Average falling 2.82% to 33,811.40. This was the stock's third consecutive day of losses. Corning Inc. closed $13.02 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 Friday, as Thermo Fisher Scientific Inc. (TMO) fell 3.30% to $561.28, 3M Co. (MMM) fell 1.71% to $149.17, and TE Connectivity Ltd. (TEL) fell 2.49% to $122.88. Trading volume (6.4 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2022.
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April 22, 2022 16:55 ET (20:55 GMT)
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