Corning Inc. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Corning Inc. (GLW) shed 2.23% to $32.81 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. Corning Inc. closed $5.90 below its 52-week high ($38.71), which the company reached on March 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 2.39% to $542.70 and Danaher Corp. (DHR) fell 1.12% to $242.11. Trading volume (3.3 M) remained 1.1 million below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 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 15, 2023 16:58 ET (20:58 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.