Corning Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Corning Inc. (GLW) inched 0.50% higher to $32.10 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.38% to 3,735.48 and Dow Jones Industrial Average falling 0.50% to 30,364.83. The stock's rise snapped a five-day losing streak. Corning Inc. closed $11.37 below its 52-week high ($43.47), which the company achieved on February 10th.
The stock outperformed some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) fell 0.81% to $507.45, 3M Co. (MMM) fell 0.82% to $135.25, and TE Connectivity Ltd. (TEL) fell 0.12% to $118.39. Trading volume (6.2 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2022.
(END) Dow Jones Newswires
June 14, 2022 16:55 ET (20:55 GMT)
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