Corning Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Corning Inc. (GLW) sank 0.34% to $32.66 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. Corning Inc. closed $6.05 short of 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 0.16% to $555.19 and Danaher Corp. (DHR) rose 0.25% to $246.93. Trading volume (4.0 M) remained 377,309 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:57 ET (20:57 GMT)
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