Shares of Corning Inc. GLW sank 0.34% to $44.36 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.08% to 4,183.18 and Dow Jones Industrial Average DJIA falling 0.48% to 33,820.38. This was the stock's third consecutive day of losses. Corning Inc. closed $2.46 short of its 52-week high ($46.82), which the company reached on April 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. TMO fell 0.90% to $485.80, 3M Co. MMM rose 0.76% to $195.93, and TE Connectivity Ltd. TEL rose 0.57% to $135.92. Trading volume (4.7 M) remained 121,416 below its 50-day average volume of 4.8 M.