DJ Teledyne Technologies Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Teledyne Technologies Inc. $(TDY.AU)$ slipped 5.62% to $471.60 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's fall snapped a three-day winning streak.
Teledyne Technologies Inc. closed 9.74% 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. $(NOC)$ rose 0.58% to $515.17, Emerson Electric Co. $(EMR)$ fell 8.65% to $101.89, and Roper Technologies Inc. $(ROP)$ fell 1.81% to $579.70.
Trading volume (310,366) eclipsed its 50-day average volume of 277,916.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 17:02 ET (21:02 GMT)
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