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Shares of NVIDIA Corp. (NVDA) slipped 5.76% to $276.04 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. This was the stock's second consecutive day of losses. NVIDIA Corp. closed $70.43 short of its 52-week high ($346.47), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 3.84% to $316.38, Intel Corp. (INTC) rose 1.37% to $53.87, and Texas Instruments Inc. (TXN) fell 2.09% to $186.82. Trading volume (49.4 M) eclipsed its 50-day average volume of 48.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
(END) Dow Jones Newswires
January 05, 2022 17:14 ET (22:14 GMT)
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