Corning Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Corning Inc. (GLW) inched 0.67% higher to $36.00 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,001.05 and the Dow Jones Industrial Average falling 0.26% to 32,160.74. Corning Inc. closed $9.33 short of its 52-week high ($45.33), which the company reached on May 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) rose 1.71% to $526.23, 3M Co. (MMM) fell 2.14% to $149.12, and TE Connectivity Ltd. (TEL) rose 1.24% to $124.82. Trading volume (4.9 M) remained 239,710 below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2022.
(END) Dow Jones Newswires
May 10, 2022 16:55 ET (20:55 GMT)
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