Intel Corp. Stock Slides 5.7%, Underperforms Peers

Dow Jones09-29 04:33

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

Shares of Intel Corp. slipped 5.7% to $116.03 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,683.69 and Dow Jones Industrial Average falling 0.7% to 51,481.51.

This was the stock's second consecutive day of losses.

Intel Corp. closed 18.5% below its 52-week high of $142.35, which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. rose 1.7% to $228.86, Broadcom Inc. fell 0.9% to $349.57, and Qualcomm Inc. fell 7.17% to $187.48.

Trading volume totaled 109.8 million, compared to the 50-day average of 109.6 million.

Data source: Dow Jones Market Data, FactSet

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