DJ TE Connectivity PLC Stock Rises Thursday, Still Underperforms Market
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Shares of TE Connectivity PLC $(TEL)$ inched 0.30% higher to $155.20 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
This was the stock's second consecutive day of gains.
TE Connectivity PLC closed $4.78 short of its 52-week high ($159.98), which the company achieved on July 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Qualcomm Inc. $(QCOM)$ fell 0.05% to $172.91, Intuit Inc. $(INTU)$ rose 3.97% to $674.15, and Texas Instruments Inc. $(TXN)$ rose 1.20% to $217.54.
Trading volume (1.1 M) remained 538,850 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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November 07, 2024 16:54 ET (21:54 GMT)
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