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Intel Corp. Stock Falls 5.8%, Underperforms Peers

Intel Corp. Stock Falls 5.8%, Underperforms Peers

Dow Jones2026/10/16 20:34

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

Shares of Intel Corp. shed 5.8% to $89.85 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

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

Intel Corp. closed 36.9% 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 1.4% to $214.13, Broadcom Inc. fell 4.5% to $328.75, and Qualcomm Inc. fell 3.53% to $172.11.

Trading volume totaled 121.1 million, compared to the 50-day average of 102.7 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 16, 2026 16:34 ET (20:34 GMT)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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