DJ TE Connectivity PLC Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of TE Connectivity PLC $(TEL)$ rallied 1.41% to $145.72 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.00% to 5,996.66 and the Dow Jones Industrial Average rising 0.78% to 43,487.83.
This was the stock's fifth consecutive day of gains.
TE Connectivity PLC closed 8.91% short of its 52-week high of $159.98, which the company reached on July 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Qualcomm Inc. $(QCOM)$ rose 1.94% to $164.56, Intuit Inc. $(INTU)$ fell 0.52% to $604.13, and Texas Instruments Inc. $(TXN)$ rose 2.70% to $192.42.
Trading volume (4.1 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 17, 2025.
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(END) Dow Jones Newswires
January 17, 2025 16:51 ET (21:51 GMT)
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