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Shares of Intel Corp. (INTC) slid 1.73% to $29.00 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's second consecutive day of losses.
Intel Corp. closed $15.93 below its 52-week high ($44.93), which the company reached on June 1st.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 0.49% to $305.38.
Trading volume (26.7 M) remained 15.3 million below its 50-day average volume of 42.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:02 ET (21:02 GMT)
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