DJ Teledyne Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Teledyne Technologies Inc. $(TDY.AU)$ slipped 1.31% to $499.28 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.04% to 6,115.07 and the Dow Jones Industrial Average rising 0.77% to 44,711.43.
This was the stock's fourth consecutive day of losses.
Teledyne Technologies Inc. closed 4.44% short of its 52-week high of $522.50, which the company reached on January 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Northrop Grumman Corp. $(NOC)$ fell 3.36% to $455.06, Emerson Electric Co. $(EMR)$ rose 0.64% to $125.30, and Roper Technologies Inc. $(ROP)$ rose 1.18% to $573.43.
Trading volume (259,140) eclipsed its 50-day average volume of 238,061.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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(END) Dow Jones Newswires
February 13, 2025 17:03 ET (22:03 GMT)
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