Shares of Corning Inc. GLW slumped 0.87% to $44.29 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.15% to 4,079.95 and the Dow Jones Industrial Average DJIA rising 0.05% to 33,446.26. This was the stock's second consecutive day of losses. Corning Inc. closed $1.55 below its 52-week high ($45.84), which the company achieved on April 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. TMO fell 0.50% to $466.38, 3M Co. MMM rose 0.06% to $194.95, and TE Connectivity Ltd. TEL fell 1.97% to $129.50. Trading volume (3.4 M) remained 1.7 million below its 50-day average volume of 5.1 M.