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Tuesday, June 28, 2022

Intel Corp. stock outperforms competitors despite losses on the day

Shares of Intel Corp.
INTC,
-3.60%

shed 3.60% to $37.77 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-3.88%

falling 3.88% to 3,749.63 and Dow Jones Industrial Average
DJIA,
-2.79%

falling 2.79% to 30,516.74. This was the stock’s fourth consecutive day of losses. Intel Corp. closed $20.65 short of its 52-week high ($58.42), which the company reached on June 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NVIDIA Corp.
NVDA,
-7.82%

fell 7.82% to $156.47, Texas Instruments Inc.
TXN,
-2.69%

fell 2.69% to $153.53, and Qualcomm Inc.
QCOM,
-3.41%

fell 3.41% to $128.66. Trading volume (50.2 M) eclipsed its 50-day average volume of 34.8 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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