Corning Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Corning Inc. (GLW) sank 0.17% to $34.38 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. This was the stock's second consecutive day of losses. Corning Inc. closed $4.33 short of its 52-week high ($38.71), which the company reached on March 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) rose 1.08% to $554.75 and Danaher Corp. (DHR) rose 1.02% to $247.76. Trading volume (3.8 M) remained 513,568 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 08, 2023 16:57 ET (21:57 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.