Shares of Corning Inc. GLW, -0.93% dropped 0.93% to $34.09 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.40% rising 0.40% to 34,721.12 and the S&P 500 Index SPX, -0.27% falling 0.27% to 4,488.28. This was the stock’s fourth consecutive day of losses. Corning Inc. closed $12.73 short of its 52-week high ($46.82), which the company reached on April 26th.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. TMO, -0.55% fell 0.55% to $608.86, 3M Co. MMM, -0.09% fell 0.09% to $149.81, and TE Connectivity Ltd. TEL, -0.51% fell 0.51% to $124.76. Trading volume (5.1 M) eclipsed its 50-day average volume of 5.0 M.