TE Connectivity PLC Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.TE Connectivity PLC (TEL) shares fell 2.05% to $214.20 on Wednesday, underperforming the broader market and key competitors like Qualcomm, Intuit, and Texas Instruments. The stock closed 15.19% below its 52-week high of $252.56. Trading volume was 1.5 million, remaining 1.0 million below the 50-day average of 2.5 million.
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Shares of TE Connectivity PLC (TEL) shed 2.05% to $214.20 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.26% to 7,748.50 and the Dow Jones Industrial Average falling 0.04% to 53,770.27.
TE Connectivity PLC closed 15.19% short of its 52-week high of $252.56, which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Qualcomm Inc. (QCOM) rose 0.24% to $163.07, Intuit Inc. (INTU) fell 0.51% to $334.71, and Texas Instruments Inc. (TXN) fell 1.65% to $276.59.
Trading volume (1.5 M) remained 1.0 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 12, 2026.
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08-12-26 1648ET