Shares of Intel Corp. INTC, -0.68% slumped 0.68% to $53.81 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.19% falling 0.19% to 4,391.34 and Dow Jones Industrial Average DJIA, -0.03% falling 0.03% to 34,746.25. The stock’s fall snapped a three-day winning streak. Intel Corp. closed $14.68 below its 52-week high ($68.49), which the company achieved on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. NVDA, -1.16% fell 1.16% to $208.31, Texas Instruments Inc. TXN, -0.04% fell 0.04% to $195.24, and Qualcomm Inc. QCOM, -1.01% fell 1.01% to $126.55. Trading volume (16.1 M) remained 2.7 million below its 50-day average volume of 18.8 M.
Leave a Reply