Corning Inc. Stock Rises 5.4%, Outperforms Peers

Dow Jones08-08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Corning Inc. advanced 5.4% to $165.68 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.

This was the stock's second consecutive day of gains.

Corning Inc. closed 39.0% short of its 52-week high of $271.78, which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as Thermo Fisher Scientific Inc. rose 2.4% to $594.00, $Danaher Corp(DHR-W)$. rose 2.4% to $204.76, and Vistance Networks Inc. rose 8.32% to $10.94.

Trading volume totaled 10.7 million, compared to the 50-day average of 15.3 million.

Data source: Dow Jones Market Data, FactSet

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