DJ TE Connectivity PLC Stock Underperforms Tuesday When Compared To Competitors
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Shares of TE Connectivity PLC $(TEL)$ slid 0.64% to $149.14 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
The stock's fall snapped a two-day winning streak.
TE Connectivity PLC closed $10.84 short of its 52-week high ($159.98), which the company achieved on July 24th.
The stock underperformed when compared to some of its competitors Tuesday, as Qualcomm Inc. $(QCOM)$ rose 0.44% to $165.91, Intuit Inc. $(INTU)$ fell 0.03% to $618.83, and Texas Instruments Inc. $(TXN)$ fell 0.59% to $202.46.
Trading volume (1.4 M) remained 220,769 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 16:55 ET (21:55 GMT)
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