Intel Corp. Stock Slips 8.8%, Underperforms Peers

Dow Jones05:33

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

Shares of Intel Corp. slipped 8.8% to $59.97 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.4% to 51,983.98 and the S&P 500 Index falling 0.5% to 7,541.40.

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

Intel Corp. closed 57.9% 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 1.3% to $202.06, Broadcom Inc. fell 1.2% to $322.23, and Qualcomm Inc. fell 1.64% to $162.08.

Trading volume totaled 226.8 million, compared to the 50-day average of 107.7 million.

Data source: Dow Jones Market Data, FactSet

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