Intel Corp. Stock Sheds 3.4%, Underperforms Peers

Dow Jones09-26 04:35

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

Shares of Intel Corp. slipped 3.4% to $123.00 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,743.41 and the Dow Jones Industrial Average rising 0.9% to 51,828.62.

Intel Corp. closed 13.6% 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. rose 0.2% to $225.07, Broadcom Inc. rose 0.7% to $352.81, and Qualcomm Inc. rose 3.97% to $201.97.

Trading volume totaled 96.1 million, compared to the 50-day average of 109.8 million.

Data source: Dow Jones Market Data, FactSet

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