DJ TE Connectivity Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of TE Connectivity Ltd. $(TEL)$ shed 1.19% to $141.61 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.31% to 5,218.19 and Dow Jones Industrial Average falling 0.41% to 39,313.64.
This was the stock's second consecutive day of losses.
TE Connectivity Ltd. closed $5.23 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 Monday, as Qualcomm Inc. $(QCOM)$ fell 1.52% to $167.52, Intuit Inc. $(INTU)$ fell 0.72% to $639.09, and Texas Instruments Inc. $(TXN)$ fell 0.95% to $170.85.
Trading volume (1.8 M) remained 513,276 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 25, 2024.
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(END) Dow Jones Newswires
March 25, 2024 16:55 ET (20:55 GMT)
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