Corning Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Corning Inc. (GLW) inched 0.81% higher to $34.70 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. The stock's rise snapped a two-day losing streak. Corning Inc. closed $6.50 short of its 52-week high ($41.20), which the company achieved on February 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 0.46% to $550.95 and Danaher Corp. (DHR) rose 0.96% to $252.51. Trading volume (2.7 M) remained 1.7 million below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 16:57 ET (21:57 GMT)
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