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Shares of Corning Inc. (GLW) slid 3.32% to $35.19 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.63% to 4,131.93 and Dow Jones Industrial Average falling 2.77% to 32,977.21. The stock's fall snapped a four-day winning streak. Corning Inc. closed $11.26 short of its 52-week high ($46.45), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.07% to $552.92, 3M Co. (MMM) fell 1.98% to $144.22, and TE Connectivity Ltd. (TEL) fell 1.72% to $124.78. Trading volume (5.1 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 29, 2022.
(END) Dow Jones Newswires
April 29, 2022 16:55 ET (20:55 GMT)
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