DJ TE Connectivity PLC Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of TE Connectivity PLC $(TEL)$ rose 1.00% to $146.22 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.39% to 6,061.48 and the Dow Jones Industrial Average rising 0.71% to 44,873.28.
The stock's rise snapped a three-day losing streak.
TE Connectivity PLC closed 8.60% 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 Wednesday, as Qualcomm Inc. $(QCOM)$ rose 1.63% to $175.86, Intuit Inc. $(INTU)$ fell 0.58% to $588.26, and Texas Instruments Inc. $(TXN)$ rose 0.57% to $181.59.
Trading volume (840,257) remained 750,628 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025.
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(END) Dow Jones Newswires
February 05, 2025 16:52 ET (21:52 GMT)
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