Intel Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Intel Corp. (INTC) rose 5.84% to $29.00 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
The stock's rise snapped a three-day losing streak.
Intel Corp. closed $15.93 below its 52-week high ($44.93), which the company achieved on June 1st.
The stock outperformed some of its competitors Friday, as NVIDIA Corp. (NVDA) rose 2.54% to $389.46.
Trading volume (71.9 M) eclipsed its 50-day average volume of 42.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 17:02 ET (21:02 GMT)
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