WhyIsItDown

Why is GLW down today?

-0.99%
$181.16 Today's range: $174.50 – $184.08

GLW is down 1.0% — inside the β-adjusted expected range. This is normal market-driven volatility.

Intraday Relative Performance

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Historical Context · 252 trading days

GLW moves this much or more on 52 of the last 252 trading days — it's within its usual noise.

Expected vs Actual

Expected move +3.47%
Actual move -0.99%

GLW's move lines up with what the market alone predicts.

Key Drivers

No high-relevance news found in the latest tick.

Editorial Analysis

"GLW's move today falls within the normal range given its sector's move — no anomaly detected."

GLW moved down 2.06% today. Its sector ETF (XLK) moved +2.09%, and GLW's beta to that sector is 1.55, implying an expected move of about 3.25%. The realized move sits within that expected band, so today's volatility shows no sign of being driven by company-specific news.

Days like this are the typical case for GLW: most of the variance is sector-driven, not idiosyncratic. We classify a move as company-specific only when the beta-adjusted residual exceeds 1.5 standard deviations — today's residual is below that line. The takeaway is structural: GLW is moving with its peers, not against them.

Related Sector Movers

No related movers available for this ticker yet.