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April 15, 2021, 4:56 p.m. EDT

Corning Inc. stock underperforms Thursday when compared to competitors despite daily gains

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Shares of Corning Inc. GLW advanced 1.46% to $45.90 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.11% to 4,170.42 and the Dow Jones Industrial Average DJIA rising 0.90% to 34,035.99. This was the stock's second consecutive day of gains. Corning Inc. hit a new 52-week high, surpassing its previous peak of $45.84, which the company achieved on April 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO rose 3.42% to $494.38, 3M Co. MMM rose 0.37% to $197.48, and TE Connectivity Ltd. TEL rose 1.34% to $132.64. Trading volume (3.4 M) remained 1.5 million below its 50-day average volume of 4.9 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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