DJ Teledyne Technologies Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Teledyne Technologies Inc. $(TDY.AU)$ inched 0.96% higher to $460.79 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
Teledyne Technologies Inc. closed $31.21 below its 52-week high ($492.00), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Northrop Grumman Corp. $(NOC)$ rose 2.98% to $472.38, Emerson Electric Co. $(EMR)$ rose 0.45% to $118.47, and Roper Technologies Inc. $(ROP)$ rose 1.05% to $508.00.
Trading volume (197,538) remained 40,445 below its 50-day average volume of 237,983.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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(END) Dow Jones Newswires
January 13, 2025 17:11 ET (22:11 GMT)
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