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Shares of Intel Corp. (INTC) slipped 1.95% to $29.22 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
The stock's fall snapped a two-day winning streak.
Intel Corp. closed $15.71 short of its 52-week high ($44.93), which the company reached on June 1st.
The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp. (NVDA) rose 0.90% to $292.13.
Trading volume (22.8 M) remained 21.0 million below its 50-day average volume of 43.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 17:03 ET (21:03 GMT)
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