Texas Instruments Stock Dropped On Wednesday, Underperforms Market

The Nasdaq Stock Market ended the session with Texas Instruments sliding 1.1% to $157.60 on Wednesday, after two consecutive sessions in a row of gains. The Nasdaq Stock Market jumped 0.48% to $12,094.40, after two sequential sessions in a row of gains, on what was a somewhat positive trend trading session today. Texas Instruments today's close was $157.60, 4.46% under its 52-week high of $164.63. Texas Instruments's sales growth is 6.9% for the current quarter and 6.9% for the next. The company's growth estimates for the current quarter and the next is 17.9% and 5.6%, respectively. Year-on-year quarterly revenue growth grew by 1.2%, now sitting on 13.74B for the twelve trailing months. Texas Instruments's stock is valued at $157.60 at 16:44 EST, under its 52-week high of $164.63 and way above its 52-week low of $93.09. Texas Instruments's worth is higher than its 50-day moving average of $151.70 and way above its 200-day moving average of $136.40.