DJ Teledyne Technologies Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Teledyne Technologies Inc. $(TDY.AU)$ slid 1.13% to $508.60 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's second consecutive day of losses.
Teledyne Technologies Inc. closed 1.98% below its 52-week high of $518.85, which the company achieved on January 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Northrop Grumman Corp. $(NOC)$ rose 1.25% to $503.23, Emerson Electric Co. $(EMR)$ fell 1.24% to $128.98, and Roper Technologies Inc. $(ROP)$ rose 1.87% to $541.33.
Trading volume (331,819) eclipsed its 50-day average volume of 250,111.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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(END) Dow Jones Newswires
January 27, 2025 17:04 ET (22:04 GMT)
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