Shares of Corning Inc. GLW, -0.19% sank 0.19% to $42.04 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.89% rising 1.89% to 4,515.55 and the Dow Jones Industrial Average DJIA, +1.17% rising 1.17% to 35,131.86. The stock’s fall snapped a three-day winning streak. Corning Inc. closed $4.78 below its 52-week high ($46.82), which the company achieved on April 26th.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. TMO, +1.62% rose 1.62% to $581.30, 3M Co. MMM, +1.79% rose 1.79% to $166.02, and TE Connectivity Ltd. TEL, +1.84% rose 1.84% to $143.01. Trading volume (8.5 M) eclipsed its 50-day average volume of 4.8 M.