Shares of Corning Inc. GLW slipped 1.76% to $44.68 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.10% to 4,073.94 and Dow Jones Industrial Average DJIA falling 0.29% to 33,430.24. The stock's fall snapped a two-day winning streak. Corning Inc. closed $1.16 short of its 52-week high ($45.84), which the company reached on April 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. TMO rose 0.72% to $468.74, 3M Co. MMM fell 0.07% to $194.84, and TE Connectivity Ltd. TEL fell 0.50% to $132.10. Trading volume (5.6 M) eclipsed its 50-day average volume of 5.1 M.