Corning Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Corning Inc. (GLW) slipped 1.05% to $33.95 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,970.15 and Dow Jones Industrial Average falling 0.71% to 32,656.70. Corning Inc. closed $6.40 below its 52-week high ($40.35), which the company reached on March 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) rose 0.08% to $541.76 and Danaher Corp. (DHR) fell 0.17% to $247.53. Trading volume (4.6 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2023.
(END) Dow Jones Newswires
February 28, 2023 16:59 ET (21:59 GMT)
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