Corning Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Corning Inc. (GLW) inched 0.52% higher to $34.51 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.76% to 3,981.35 and the Dow Jones Industrial Average rising 1.05% to 33,003.57. This was the stock's second consecutive day of gains. Corning Inc. closed $5.54 below its 52-week high ($40.05), which the company achieved on March 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 1.90% to $548.75 and Danaher Corp. (DHR) rose 1.78% to $249.73. Trading volume (3.8 M) remained 462,666 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 2, 2023.
(END) Dow Jones Newswires
March 02, 2023 16:57 ET (21:57 GMT)
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