Intel Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Intel Corp. (INTC) dropped 0.99% to $31.13 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
The stock's fall snapped a three-day winning streak.
Intel Corp. closed $13.75 below its 52-week high ($44.88), which the company achieved on June 2nd.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 5.12% to $397.70.
Trading volume (52.6 M) eclipsed its 50-day average volume of 43.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:03 ET (21:03 GMT)
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