Corning Inc. Stock Underperforms Thursday When Compared To Competitors

Red Robin Gourmet Burgers Inc

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Company profile

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, primarily operates, franchises, and develops full-service restaurants in North America. The Company's menu features a line of Gourmet Burgers made from fresh ground beef, as well as line of Red's Tavern Double burgers, and Red Robin's Finest line made with toppings. It also offers burgers made with other proteins, including chicken breasts (grilled or fried), turkey patties, as well as a vegetarian patty and the plant-based burger patty. The Company offers a range of buns, including gluten free, sesame, brioche, and lettuce wraps, with a variety of toppings, including house-made sauces, crispy onion straws, sauteed mushrooms, several cheese choices, and a fried egg. Its beverages include alcoholic and non-alcoholic specialty drinks, cocktails, wine, and a variety of national and craft beers. The Company also offer a range of single-serve and shareable desserts, as well as its milkshakes.

Corning Inc. Stock Underperforms Thursday When Compared To Competitors

4:55 pm ET June 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Corning Inc. GLW shed 4.18% to $31.37 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA falling 2.42% to 29,927.07. The stock's fall snapped a two-day winning streak. Corning Inc. closed $12.10 short of its 52-week high ($43.47), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO fell 1.92% to $504.89, 3M Co. MMM fell 2.52% to $130.94, and TE Connectivity Ltd. TEL fell 6.41% to $112.87. Trading volume (7.3 M) eclipsed its 50-day average volume of 5.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2022.

(END) Dow Jones Newswires

June 16, 2022 16:55 ET (20:55 GMT)