DJ Teledyne Technologies Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Teledyne Technologies Inc. $(TDY.AU)$ slid 1.99% to $491.03 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
This was the stock's second consecutive day of losses.
Teledyne Technologies Inc. closed 6.02% 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 Friday, as Northrop Grumman Corp. $(NOC)$ rose 2.25% to $447.96, Emerson Electric Co. $(EMR)$ fell 2.32% to $121.85, and Roper Technologies Inc. $(ROP)$ fell 1.27% to $574.05.
Trading volume (253,286) eclipsed its 50-day average volume of 243,115.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 17:05 ET (22:05 GMT)
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