DJ TE Connectivity PLC Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of TE Connectivity PLC $(TEL)$ rallied 1.92% to $148.98 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
The stock's rise snapped a two-day losing streak.
TE Connectivity PLC closed 6.88% below its 52-week high of $159.98, which the company achieved on July 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Qualcomm Inc. $(QCOM)$ rose 2.08% to $160.08, Intuit Inc. $(INTU)$ rose 1.50% to $613.09, and Texas Instruments Inc. $(TXN)$ rose 3.64% to $185.51.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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March 24, 2025 16:50 ET (20:50 GMT)
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