DJ TE Connectivity PLC Stock Rises Friday, Still Underperforms Market
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Shares of TE Connectivity PLC $(TEL)$ rose 1.50% to $154.03 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
TE Connectivity PLC closed 3.72% short of its 52-week high of $159.98, which the company reached on July 24th.
The stock underperformed when compared to some of its competitors Friday, as Qualcomm Inc. $(QCOM)$ rose 1.77% to $157.17, Intuit Inc. $(INTU)$ rose 2.24% to $613.84, and Texas Instruments Inc. $(TXN)$ rose 2.45% to $195.99.
Trading volume (2.4 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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February 28, 2025 16:50 ET (21:50 GMT)
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