NVIDIA Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of NVIDIA Corp. (NVDA) slipped 3.22% to $180.48 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. NVIDIA Corp. closed $165.99 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 Thursday, as Microsoft Corp. (MSFT) fell 2.08% to $264.79, Intel Corp. (INTC) fell 2.96% to $40.01, and Texas Instruments Inc. (TXN) fell 2.29% to $161.58. Trading volume (39.4 M) remained 19.4 million below its 50-day average volume of 58.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 17:12 ET (21:12 GMT)
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