TE Connectivity PLC Stock Sheds 5.7%, Underperforms Peers
Dow Jones2026/08/18 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of TE Connectivity PLC slipped 5.7% to $204.97 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.
The stock's fall snapped a three-day winning streak.
TE Connectivity PLC closed 18.8% below its 52-week high of $252.56, which the company reached on April 21st.
The stock underperformed when compared to some of its peers, as Qualcomm Inc. fell 1.2% to $160.19, Intuit Inc. rose 4.4% to $350.41, and Texas Instruments Inc. fell 3.77% to $272.24.
Trading volume totaled 2.9 million, compared to the 50-day average of 2.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 18, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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