Corning Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Corning Inc. (GLW) slipped 0.40% to $35.00 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.88% to 4,081.50 and Dow Jones Industrial Average falling 0.73% to 33,699.88. This was the stock's second consecutive day of losses. Corning Inc. closed $8.47 below its 52-week high ($43.47), which the company achieved on February 10th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 1.78% to $568.93 and Danaher Corp. (DHR) fell 2.61% to $255.11. Trading volume (3.3 M) remained 1.1 million below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 9, 2023.
(END) Dow Jones Newswires
February 09, 2023 16:57 ET (21:57 GMT)
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