Corning Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Corning Inc. (GLW) shed 2.73% to $34.61 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. Corning Inc. closed $7.27 short of its 52-week high ($41.88), which the company achieved on February 22nd.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) fell 1.60% to $550.77 and Danaher Corp. (DHR) fell 2.15% to $250.79. Trading volume (6.3 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 16:57 ET (21:57 GMT)
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