DJ TE Connectivity PLC Stock Outperforms Competitors On Strong Trading Day
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Shares of TE Connectivity PLC $(TEL)$ rallied 4.58% to $155.09 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
This was the stock's seventh consecutive day of gains.
TE Connectivity PLC closed 3.06% short of its 52-week high of $159.98, which the company reached on July 24th.
The stock outperformed some of its competitors Wednesday, as Qualcomm Inc. $(QCOM)$ rose 1.78% to $170.24, Intuit Inc. $(INTU)$ rose 0.37% to $611.68, and Texas Instruments Inc. $(TXN)$ rose 0.93% to $197.05.
Trading volume (3.1 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 16:52 ET (21:52 GMT)
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