DJ TE Connectivity Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of TE Connectivity Ltd. $(TEL)$ inched 0.34% higher to $140.48 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.46% to 5,048.42 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
The stock's rise snapped a two-day losing streak.
TE Connectivity Ltd. closed $7.50 short of its 52-week high ($147.98), which the company reached on April 9th.
The stock outperformed some of its competitors Thursday, as Qualcomm Inc. $(QCOM)$ fell 0.20% to $163.30, Intuit Inc. $(INTU)$ fell 1.43% to $626.39, and Texas Instruments Inc. $(TXN)$ rose 0.25% to $175.25.
Trading volume (3.2 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 16:56 ET (20:56 GMT)
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