DJ Corning Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Corning Inc. $(GLW)$ shed 7.61% to $39.07 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Corning Inc. closed 29.39% below its 52-week high of $55.33, which the company reached on January 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. $(TMO)$ fell 6.83% to $437.91, $Danaher Corp(DHR-W)$. $(DHR)$ fell 8.15% to $181.77, and CommScope Holding Co. Inc. $(COMM)$ fell 11.71% to $3.62.
Trading volume (10.9 M) eclipsed its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 16:51 ET (20:51 GMT)
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