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Shares of NVIDIA Corp. NVDA slipped 5.26% to $159.82 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. NVIDIA Corp. closed $186.65 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 Tuesday, as Microsoft Corp. MSFT fell 3.17% to $256.48, Intel Corp. INTC fell 2.20% to $37.78, and Texas Instruments Inc. TXN fell 0.94% to $154.16. Trading volume (46.0 M) remained 11.9 million below its 50-day average volume of 58.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 17:11 ET (21:11 GMT)
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