DJ Corning Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Corning Inc. $(GLW)$ slid 1.23% to $48.32 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,983.99 and Dow Jones Industrial Average falling 0.86% to 43,910.98.
The stock's fall snapped a two-day winning streak.
Corning Inc. closed $2.71 short of its 52-week high ($51.03), which the company achieved on October 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. $(TMO)$ fell 1.13% to $540.75 and $Danaher Corp(DHR-W)$. $(DHR)$ fell 1.50% to $239.60.
Trading volume (4.4 M) remained 211,448 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 12, 2024.
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(END) Dow Jones Newswires
November 12, 2024 16:57 ET (21:57 GMT)
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