Intel Corp. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Intel Corp. (INTC) slid 5.52% to $27.40 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
This was the stock's third consecutive day of losses.
Intel Corp. closed $17.53 short of its 52-week high ($44.93), which the company achieved on June 1st.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 24.37% to $379.80.
Trading volume (77.8 M) eclipsed its 50-day average volume of 41.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 25, 2023 17:03 ET (21:03 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.