Marketwatch

TE Connectivity Ltd. stock underperforms Thursday when compared to competitors despite daily gains

R.Davis3 months ago

Shares of TE Connectivity Ltd. TEL, +0.44% inched 0.44% higher to $131.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.38% rising 0.38% to 4,567.80 and the Dow Jones Industrial Average DJIA, +1.47% rising 1.47% to 35,950.89.

This was the stock's second consecutive day of gains.

TE Connectivity Ltd. closed $15.60 below its 52-week high ($146.60), which the company reached on July 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Qualcomm Inc. QCOM, +0.89% rose 0.89% to $129.05, Intuit Inc. INTU, -1.00% fell 1.00% to $571.46, and Texas Instruments Inc. TXN, -0.32% fell 0.32% to $152.71.

Trading volume (2.2 M) eclipsed its 50-day average volume of 1.5 M.

Editor's Note: This story was auto-generated by Automated Insights , an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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