Shares of Intel Corp. INTC, -0.94% shed 0.94% to $28.33 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.00% remaining mostly unchanged at 33,597.92 and the S&P 500 Index SPX, -0.19% falling 0.19% to 3,933.92. This was the stock’s fifth consecutive day of losses. Intel Corp. closed $27.95 below its 52-week high ($56.28), which the company achieved on January 12th.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. NVDA, +0.83% rose 0.83% to $161.20. Trading volume (28.2 M) remained 13.2 million below its 50-day average volume of 41.4 M.