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Shares of Corning Inc. (GLW) slid 1.06% to $35.44 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.75% to 4,101.23 and Dow Jones Industrial Average falling 0.54% to 32,813.23. The stock's fall snapped a four-day winning streak. Corning Inc. closed $8.26 below its 52-week high ($43.70), which the company achieved on June 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 2.00% to $556.22, 3M Co. (MMM) fell 1.92% to $146.42, and TE Connectivity Ltd. (TEL) fell 0.95% to $128.16. Trading volume (3.2 M) remained 2.0 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.
(END) Dow Jones Newswires
June 01, 2022 16:55 ET (20:55 GMT)
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