NVIDIA Corp. Stock Falls Wednesday, Underperforms Market
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Shares of NVIDIA Corp. NVDA slipped 1.24% to $163.60 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA falling 0.15% to 30,483.13. The stock's fall snapped a two-day winning streak. NVIDIA Corp. closed $182.87 short of its 52-week high ($346.47), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT fell 0.24% to $253.13, Intel Corp. INTC fell 0.93% to $37.38, and Texas Instruments Inc. TXN fell 0.56% to $152.60. Trading volume (43.7 M) remained 15.3 million below its 50-day average volume of 58.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 22, 2022.
(END) Dow Jones Newswires
June 22, 2022 17:12 ET (21:12 GMT)
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