Corning Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Corning Inc. (GLW) rallied 1.25% to $33.23 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Corning Inc. closed $5.48 short of its 52-week high ($38.71), which the company reached on March 25th.
The stock outperformed some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 0.59% to $550.57 and Danaher Corp. (DHR) rose 0.76% to $244.80. Trading volume (4.3 M) remained 162,322 below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:57 ET (20:57 GMT)
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