Daily Trade News

TE Connectivity Ltd. stock outperforms market on strong trading day


Shares of TE Connectivity Ltd.
TEL,
+1.66%

rose 1.66% to $140.54 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.95%

rising 0.95% to 4,395.64 and the Dow Jones Industrial Average
DJIA,
+1.00%

rising 1.00% to 34,258.32. The stock’s rise snapped a four-day losing streak. TE Connectivity Ltd. closed $13.00 below its 52-week high ($153.54), which the company achieved on August 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as 3M Co.
MMM,
+0.80%

rose 0.80% to $179.84, Nidec Corp. ADR
NJDCY,
-3.18%

fell 3.18% to $29.85, and Amphenol Corp. Cl A
APH,
+2.29%

rose 2.29% to $75.56. Trading volume (1.4 M) eclipsed its 50-day average volume of 1.3 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.



Read More: TE Connectivity Ltd. stock outperforms market on strong trading day