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Shares of Corning Inc. (GLW) slid 1.59% to $33.52 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Corning Inc. closed $10.78 short of its 52-week high ($44.30), which the company reached on May 24th.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 1.58% to $550.74, 3M Co. (MMM) fell 0.33% to $146.96, and TE Connectivity Ltd. (TEL) rose 0.76% to $122.68. Trading volume (5.6 M) eclipsed its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 16:55 ET (20:55 GMT)
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