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Shares of Intel Corp. (INTC) shed 7.19% to $29.29 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 4.32% to 3,932.69 and Dow Jones Industrial Average falling 3.94% to 31,104.97. The stock's fall snapped a four-day winning streak. Intel Corp. closed $26.99 below its 52-week high ($56.28), which the company achieved on January 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as NVIDIA Corp. (NVDA) fell 9.47% to $131.31, Texas Instruments Inc. (TXN) fell 4.65% to $162.65, and Qualcomm Inc. (QCOM) fell 6.07% to $124.93. Trading volume (70.2 M) eclipsed its 50-day average volume of 39.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2022.
(END) Dow Jones Newswires
September 13, 2022 17:00 ET (21:00 GMT)
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