Corning Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Corning Inc. (GLW) slid 0.79% to $35.35 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.38% to 4,090.41 and Dow Jones Industrial Average falling 1.26% to 33,696.85. Corning Inc. closed $6.74 below its 52-week high ($42.09), which the company reached on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 1.63% to $557.58 and Danaher Corp. (DHR) fell 0.53% to $255.75. Trading volume (2.0 M) remained 2.3 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 16, 2023.
(END) Dow Jones Newswires
February 16, 2023 16:57 ET (21:57 GMT)
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