Intel Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Intel Corp. (INTC) inched 0.58% higher to $31.31 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
Intel Corp. closed $12.94 short of its 52-week high ($44.25), which the company achieved on June 3rd.
The stock outperformed some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 1.11% to $393.27.
Trading volume (36.4 M) remained 7.1 million below its 50-day average volume of 43.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 16:39 ET (20:39 GMT)
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