DJ Teledyne Technologies Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Teledyne Technologies Inc. $(TDY.AU)$ inched 0.37% higher to $459.70 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,942.47 and the Dow Jones Industrial Average rising 0.80% to 42,732.13.
The stock's rise snapped a four-day losing streak.
Teledyne Technologies Inc. closed $32.30 below its 52-week high ($492.00), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Northrop Grumman Corp. $(NOC)$ fell 0.04% to $467.82, Emerson Electric Co. $(EMR)$ rose 1.03% to $123.44, and Roper Technologies Inc. $(ROP)$ rose 0.33% to $514.64.
Trading volume (216,103) remained 31,581 below its 50-day average volume of 247,684.
Data source: Dow Jones Market Data, FactSet. Data compiled January 3, 2025.
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January 03, 2025 17:12 ET (22:12 GMT)
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