Corning Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Corning Inc. (GLW) slipped 1.53% to $32.82 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. Corning Inc. closed $5.89 short of its 52-week high ($38.71), which the company reached on March 25th.
Despite its losses, the stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) fell 1.75% to $547.34 and Danaher Corp. (DHR) fell 2.56% to $242.96. Trading volume (6.6 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:57 ET (20:57 GMT)
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