DJ TE Connectivity Ltd. Stock Underperforms Friday When Compared To Competitors
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Shares of TE Connectivity Ltd. $(TEL)$ slid 0.47% to $143.31 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 5,234.18 and Dow Jones Industrial Average falling 0.77% to 39,475.90.
The stock's fall snapped a four-day winning streak.
TE Connectivity Ltd. closed $3.53 below its 52-week high ($146.84), which the company achieved on January 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Qualcomm Inc. $(QCOM)$ fell 0.44% to $170.10, Intuit Inc. $(INTU)$ fell 1.16% to $643.74, and Texas Instruments Inc. $(TXN)$ fell 0.06% to $172.48.
Trading volume (1.5 M) remained 750,361 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2024.
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(END) Dow Jones Newswires
March 22, 2024 16:56 ET (20:56 GMT)
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