Intel Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Intel Corp. (INTC) rallied 4.83% to $31.44 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
This was the stock's third consecutive day of gains.
Intel Corp. closed $13.49 below its 52-week high ($44.93), which the company reached on June 1st.
The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 5.68% to $378.34.
Trading volume (136.0 M) eclipsed its 50-day average volume of 41.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:02 ET (21:02 GMT)
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