Texas Instruments Inc. stock falls Friday, underperforms market

Texas Instruments Inc. stock falls Friday, underperforms market

Shares of Texas Instruments Inc. TXN, -4.36% slipped 4.36% to $159.28 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -2.80% falling 2.80% to 3,639.66 and Dow Jones Industrial Average DJIA, -2.11% falling 2.11% to 29,296.79. This was the stock’s second consecutive day of losses. Texas Instruments Inc. closed $42.98 short of its 52-week high ($202.26), which the company achieved on October 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. NVDA, -8.03% fell 8.03% to $120.76, Intel Corp. INTC, -5.37% fell 5.37% to $25.72, and Qualcomm Inc. QCOM, -3.49% fell 3.49% to $120.91. Trading volume (8.3 M) eclipsed its 50-day average volume of 5.4 M.

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