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Stock impact report

Why TE Connectivity Stock Plummeted This Week [Globe and Mail, The (Toronto, Canada)]

TE Connectivity plc Ordinary Shares (TEL) 
Last te connectivity plc ordinary shares earnings: 4/28 06:00 am Check Earnings Report
TE also guided for better-than-expected earnings in the current quarter, but some investors were looking for stronger sales guidance. TE Connectivity (NYSE: TEL) stock got hit with a substantial valuation pullback this week following the company's latest quarterly release. Amid the backdrop of a 0.5% gain for the S&P 500 and a 1.5% jump for the Nasdaq Composite , the company's share price fell 12.8% over the stretch. On April 22, TE published results for the second quarter of its current fiscal year -- a period which ended March 27. Despite the sell-offs this week, the stock is still up roughly 50% over the last year. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. TE stock slumped on mixed Q2 results TE Connectivity notched non-GAAP (adjusted) earnings of $2.73 per share on Show less Read more
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