Corning Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Corning Inc. (GLW) rose 1.32% to $33.67 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. This was the stock's second consecutive day of gains. Corning Inc. closed $5.04 short of 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 Tuesday, as Thermo Fisher Scientific Inc. (TMO) rose 1.11% to $556.70 and Danaher Corp. (DHR) rose 1.46% to $248.38. Trading volume (2.9 M) remained 1.6 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:57 ET (20:57 GMT)
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