Corning Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Corning Inc. (GLW) rose 1.58% to $33.33 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. Corning Inc. closed $5.38 below its 52-week high ($38.71), which the company achieved on March 25th.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) rose 2.65% to $557.09 and Danaher Corp. (DHR) rose 2.99% to $249.34. Trading volume (3.6 M) remained 842,637 below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 16:57 ET (20:57 GMT)
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