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Shares of Intel Corp. (INTC) inched 0.89% higher to $27.13 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. The stock's rise snapped a six-day losing streak. Intel Corp. closed $29.15 below its 52-week high ($56.28), which the company achieved on January 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 2.60% to $127.36, Texas Instruments Inc. (TXN) rose 1.30% to $162.80, and Qualcomm Inc. (QCOM) fell 1.17% to $118.93. Trading volume (40.4 M) remained 2.0 million below its 50-day average volume of 42.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:01 ET (21:01 GMT)
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