Corning Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Corning Inc. (GLW) shed 0.78% to $35.39 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.03% to 4,136.13 and Dow Jones Industrial Average falling 0.46% to 34,089.27. The stock's fall snapped a two-day winning streak. Corning Inc. closed $7.05 short of its 52-week high ($42.44), which the company achieved on February 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) fell 0.61% to $571.48 and Danaher Corp. (DHR) fell 1.40% to $256.24. Trading volume (2.9 M) remained 1.4 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2023.
(END) Dow Jones Newswires
February 14, 2023 16:58 ET (21:58 GMT)
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