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Shares of Intel Corp. (INTC) slid 1.63% to $28.96 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.13% to 3,855.93 and Dow Jones Industrial Average falling 1.01% to 30,706.23. The stock's fall snapped a two-day winning streak. Intel Corp. closed $27.32 below its 52-week high ($56.28), which the company reached on January 12th.
The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp. (NVDA) fell 1.54% to $131.76, Texas Instruments Inc. (TXN) fell 0.11% to $166.06, and Qualcomm Inc. (QCOM) fell 1.48% to $124.77. Trading volume (30.8 M) remained 10.4 million below its 50-day average volume of 41.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 20, 2022.
(END) Dow Jones Newswires
September 20, 2022 17:01 ET (21:01 GMT)
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