Corning Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Corning Inc. (GLW) inched 0.71% higher to $35.25 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.22% to 4,090.46 and the Dow Jones Industrial Average rising 0.50% to 33,869.27. The stock's rise snapped a two-day losing streak. Corning Inc. closed $7.65 short of its 52-week high ($42.90), which the company reached on February 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) rose 0.44% to $571.41 and Danaher Corp. (DHR) rose 1.46% to $258.84. Trading volume (3.7 M) remained 714,202 below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2023.
(END) Dow Jones Newswires
February 10, 2023 16:57 ET (21:57 GMT)
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