Corning Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Corning Inc. (GLW) slipped 1.12% to $34.31 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. Corning Inc. closed $6.89 short of its 52-week high ($41.20), which the company reached on February 25th.
Despite its losses, the stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.48% to $542.79 and Danaher Corp. (DHR) fell 1.34% to $249.12. Trading volume (3.2 M) remained 1.1 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 16:57 ET (21:57 GMT)
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