Corning Inc. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Corning Inc. (GLW) advanced 3.16% to $37.27 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. This was the stock's third consecutive day of gains. Corning Inc. closed $9.18 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 3.05% to $562.98, 3M Co. (MMM) rose 4.15% to $154.23, and TE Connectivity Ltd. (TEL) rose 3.31% to $131.17. Trading volume (4.6 M) remained 583,317 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 16:55 ET (20:55 GMT)
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