March 2, 2023

Teleflex Inc. stock falls Wednesday, underperforms market

Shares of Teleflex Inc. TFX shed 1.92% to $233.66 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.02% to 32,661.84 and the S&P 500 Index SPX falling 0.47% to 3,951.39. This was the stock’s second consecutive day of losses. Teleflex Inc. closed $123.06 below its 52-week high ($356.72), which the company reached on April 4th.

The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson JNJ fell…

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