Teledyne Technologies Inc. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Teledyne Technologies Inc. (TDY) shares fell 2.46% to $648.63 on Wednesday, underperforming the broader market and key competitors like Northrop Grumman and Emerson Electric. This marks the third consecutive day of losses for TDY, which remains 7.03% below its 52-week high. Trading volume was significantly lower than the 50-day average.
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Shares of Teledyne Technologies Inc. (TDY) slipped 2.46% to $648.63 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,707.98 and the Dow Jones Industrial Average rising 0.22% to 53,463.05.
This was the stock's third consecutive day of losses.
Teledyne Technologies Inc. closed 7.03% short of its 52-week high of $697.67, which the company achieved on August 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Northrop Grumman Corp. (NOC) fell 1.07% to $582.84, Emerson Electric Co. (EMR) fell 0.11% to $157.60, and Roper Technologies Inc. (ROP) rose 3.34% to $407.32.
Trading volume (248,188) remained 125,308 below its 50-day average volume of 373,496.
Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2026.
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08-19-26 1657ET