DJ Teleflex Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Teleflex Inc. $(TFX)$ slid 1.46% to $176.55 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
The stock's fall snapped a two-day winning streak.
Teleflex Inc. closed 31.26% below its 52-week high of $256.85, which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ rose 0.15% to $144.97, Medtronic PLC $(MDT)$ rose 0.18% to $85.40, and Boston Scientific Corp. $(BSX)$ rose 1.30% to $96.89.
Trading volume (600,491) eclipsed its 50-day average volume of 509,344.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 18:00 ET (23:00 GMT)
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