Tiger Brokers

Intel Corp. Stock Falls 5.3%, Underperforms Peers

Dow Jones
2 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Intel Corp. slipped 5.3% to $107.08 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 51,231.64 and the S&P 500 Index falling 0.5% to 7,765.36.

Intel Corp. closed 24.8% below its 52-week high of $142.35, which the company reached on June 30th.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 2.9% to $230.48, Broadcom Inc. fell 4.3% to $360.14, and Qualcomm Inc. fell 0.63% to $176.01.

Trading volume totaled 117.7 million, compared to the 50-day average of 104.6 million.

Data source: Dow Jones Market Data, FactSet

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