Shares of Corning Inc. GLW rose 5.31% to $43.41 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.66% to 3,974.54 and the Dow Jones Industrial Average DJIA rising 1.39% to 33,072.88. This was the stock's third consecutive day of gains. Corning Inc. hit a new 52-week high, surpassing its previous peak of $42.55, which the company reached on March 18th.
The stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. TMO rose 4.02% to $460.06, 3M Co. MMM rose 0.92% to $194.88, and TE Connectivity Ltd. TEL rose 2.26% to $128.75. Trading volume (7.4 M) eclipsed its 50-day average volume of 4.9 M.