Intel Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Intel Corp. (INTC) rallied 3.41% to $29.99 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's second consecutive day of gains.
Intel Corp. closed $14.94 short of its 52-week high ($44.93), which the company achieved on June 1st.
The stock outperformed some of its competitors Tuesday, as NVIDIA Corp. (NVDA) rose 2.99% to $401.11.
Trading volume (54.8 M) eclipsed its 50-day average volume of 42.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 17:02 ET (21:02 GMT)
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