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Shares of Corning Inc. (GLW) rallied 1.99% to $32.74 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. This was the stock's second consecutive day of gains. Corning Inc. closed $10.73 short of its 52-week high ($43.47), which the company reached on February 10th.
The stock outperformed some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) rose 1.44% to $514.76, 3M Co. (MMM) fell 0.68% to $134.33, and TE Connectivity Ltd. (TEL) rose 1.87% to $120.60. Trading volume (6.8 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 16:55 ET (20:55 GMT)
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