DJ Corning Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Corning Inc. $(GLW)$ rose 2.52% to $46.75 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.13% to 5,638.94 and the Dow Jones Industrial Average rising 1.65% to 41,488.19.
This was the stock's third consecutive day of gains.
Corning Inc. closed 15.51% below its 52-week high of $55.33, which the company achieved on January 29th.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. $(TMO)$ rose 2.67% to $522.05, $Danaher Corp(DHR-W)$. $(DHR)$ rose 3.26% to $210.74, and CommScope Holding Co. Inc. $(COMM)$ rose 6.29% to $5.07.
Trading volume (7.4 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.
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(END) Dow Jones Newswires
March 14, 2025 16:52 ET (20:52 GMT)
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