Intel Corp. Stock Falls 8.0%, Underperforms Peers
Dow Jones2026/10/22 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Intel Corp. slipped 8.0% to $85.49 on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 52,867.98 and the S&P 500 Index falling 1.2% to 7,663.43.
Intel Corp. closed 39.9% below its 52-week high of $142.35, which the company achieved on June 30th.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 4.4% to $212.21, Broadcom Inc. fell 4.3% to $323.24, and Qualcomm Inc. fell 2.88% to $172.83.
Trading volume totaled 132.4 million, compared to the 50-day average of 101.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 22, 2026 16:35 ET (20:35 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.
You may also like
GlaxoSmithKline endorses: anti-inflammatory biotech company Rezera (RZRA.US) plans to raise $200 millions through IPO, with a valuation of $254 millions
Rezera plans to raise $200 million in its IPO on Nasdaq, with an offering price between $11 and $13. GSK intends to subscribe for up to $25 million. The mid-point valuation is $254 million, and the company focuses on oral NLRP3 inhibitors.
BUZZ-3M India shares fall to 19-month low due to quarterly profit decline
Anthropic (ANT.US) to launch IPO roadshow next week, valuation may shrink from 1.5 trillion dollars to 1 trillion dollars! The AI capital feast faces a test.
After the AI sell-off, major investors are questioning whether Anthropic can go public at a $1.5 trillion valuation, or if it will be reduced to around $1 trillion. Fundraising may also decrease from $100 billion to $80 billion.
Hong Kong live music service provider Guitar Group applies for US IPO, aiming to raise $31 million
Guitar Group, a provider of music performance events, guitar-making workshops, and guitar repair services, submitted an application to the U.S. Securities and Exchange Commission (SEC) on Thursday, seeking to raise up to $31 million through an initial public offering (IPO).