DJ TE Connectivity Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of TE Connectivity Ltd. $(TEL)$ inched 0.05% higher to $140.55 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.56% to 37,986.40 and the S&P 500 Index falling 0.88% to 4,967.23.
The stock's rise snapped a two-day losing streak.
TE Connectivity Ltd. closed $7.43 short of its 52-week high ($147.98), which the company reached on April 9th.
The stock outperformed some of its competitors Friday, as Qualcomm Inc. $(QCOM)$ fell 2.36% to $157.63, Intuit Inc. $(INTU)$ fell 0.53% to $605.17, and Texas Instruments Inc. $(TXN)$ fell 2.44% to $159.68.
Trading volume (4.1 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2024.
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(END) Dow Jones Newswires
April 19, 2024 16:55 ET (20:55 GMT)
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