DJ TE Connectivity PLC Stock Outperforms Competitors Despite Losses On The Day
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Shares of TE Connectivity PLC $(TEL)$ slipped 2.88% to $147.42 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.86% to 5,705.45 and Dow Jones Industrial Average falling 0.90% to 41,763.46.
This was the stock's second consecutive day of losses.
TE Connectivity PLC closed $12.56 below its 52-week high ($159.98), which the company achieved on July 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Qualcomm Inc. $(QCOM)$ fell 2.89% to $162.77, Intuit Inc. $(INTU)$ fell 1.74% to $610.30, and Texas Instruments Inc. $(TXN)$ fell 1.65% to $203.16.
Trading volume (2.6 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2024.
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October 31, 2024 16:54 ET (20:54 GMT)
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