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Shares of Intel Corp. (INTC) rallied 1.73% to $31.82 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,293.93 and the Dow Jones Industrial Average rising 0.50% to 33,833.61.
This was the stock's third consecutive day of gains.
Intel Corp. closed $9.53 below its 52-week high ($41.35), which the company reached on June 9th.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 2.76% to $385.10.
Trading volume (35.0 M) remained 8.4 million below its 50-day average volume of 43.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2023.
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June 08, 2023 16:39 ET (20:39 GMT)
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