Teleflex Inc. Stock Slides 21.7%, Underperforms Competitors

Dow Jones
28 Feb

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Teleflex Inc. cratered 21.7% to $139.11 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.6% to 5,861.57 and Dow Jones Industrial Average falling 0.4% to 43,239.50.

Teleflex Inc. closed 44.3% short of its 52-week high of $249.91, which the company achieved on September 27th.

The stock underperformed when compared to some of its competitors, as Johnson & Johnson rose 0.4% to $163.73, Medtronic PLC rose 0.2% to $90.74, and Boston Scientific Corp. fell 0.75% to $100.80.

Trading volume totaled 3.3 million, compared to the 50-day average of 521,198.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 27, 2025 16:33 ET (21:33 GMT)

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