DJ TE Connectivity Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of TE Connectivity Ltd. $(TEL)$ rose 2.29% to $143.77 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's second consecutive day of gains.
TE Connectivity Ltd. closed $4.21 short of its 52-week high ($147.98), which the company reached on April 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Qualcomm Inc. $(QCOM)$ rose 1.62% to $160.18, Intuit Inc. $(INTU)$ rose 0.76% to $609.77, and Texas Instruments Inc. $(TXN)$ rose 2.35% to $163.43.
Trading volume (3.0 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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April 22, 2024 16:55 ET (20:55 GMT)
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