Shares of Corning Inc. GLW inched 0.72% higher to $46.00 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.74% to 4,232.60 and the Dow Jones Industrial Average DJIA rising 0.66% to 34,777.76. This was the stock's fifth consecutive day of gains. Corning Inc. closed $0.82 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 Friday, as Thermo Fisher Scientific Inc. TMO fell 0.36% to $468.45, 3M Co. MMM rose 0.33% to $203.07, and TE Connectivity Ltd. TEL rose 1.66% to $138.00. Trading volume (3.3 M) remained 1.5 million below its 50-day average volume of 4.8 M.