Corning Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Corning Inc. (GLW) rallied 1.61% to $36.07 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.21% to 4,183.96 and the Dow Jones Industrial Average rising 0.19% to 33,301.93. This was the stock's third consecutive day of gains. Corning Inc. closed $10.38 short of its 52-week high ($46.45), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) rose 0.78% to $520.48, 3M Co. (MMM) fell 0.01% to $144.21, and TE Connectivity Ltd. (TEL) rose 4.09% to $125.18. Trading volume (9.7 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2022.
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April 27, 2022 16:55 ET (20:55 GMT)
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