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Shares of Intel Corp. (INTC) shed 2.54% to $29.51 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
The stock's fall snapped a three-day winning streak.
Intel Corp. closed $15.42 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) fell 1.57% to $306.88.
Trading volume (29.3 M) remained 13.1 million below its 50-day average volume of 42.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 17:02 ET (21:02 GMT)
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