Shares of Corning Inc. /zigman2/quotes/200045496/composite GLW +0.69% slid 0.95% to $38.61 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.75% falling 0.46% to 4,493.28 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% falling 0.43% to 34,879.38. This was the stock's second consecutive day of losses. Corning Inc. closed $8.21 short of its 52-week high ($46.82), which the company achieved on April 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.87% fell 0.66% to $568.78, 3M Co. /zigman2/quotes/205029460/composite MMM +0.90% fell 1.14% to $185.75, and TE Connectivity Ltd. /zigman2/quotes/205324491/composite TEL +0.27% fell 0.86% to $145.77. Trading volume (4.1 M) eclipsed its 50-day average volume of 3.7 M.