DJ Corning Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Corning Inc. $(GLW)$ slid 1.15% to $46.58 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
This was the stock's fourth consecutive day of losses.
Corning Inc. closed $4.45 below its 52-week high ($51.03), which the company reached on October 29th.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. $(TMO)$ rose 2.44% to $555.52 and $Danaher Corp(DHR-W)$. $(DHR)$ rose 2.05% to $239.88.
Trading volume (4.5 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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January 13, 2025 16:56 ET (21:56 GMT)
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