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Intel Corp. stock rises Thursday, still underperforms market

Shares of Intel Corp. INTC, +0.12% inched 0.12% higher to $40.61 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.99% rising 0.99% to…

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Intel Corp. stock rises Thursday, still underperforms market

From the Equity Insider archive. This article dates from Jul 21, 2022 and is preserved as first published.

Shares of Intel Corp. INTC, +0.12% inched 0.12% higher to $40.61 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.99% rising 0.99% to 3,998.95 and the Dow Jones Industrial Average DJIA, +0.51% rising 0.51% to 32,036.90. This was the stock’s sixth consecutive day of gains. Intel Corp. closed $15.93 short of its 52-week high ($56.54), which the company achieved on July 22nd.

61 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.

The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. NVDA, +1.36% rose 1.36% to $180.50, Texas Instruments Inc. TXN, +0.73% rose 0.73% to $166.54, and Qualcomm Inc. QCOM, +2.74% rose 2.74% to $155.86. Trading volume (29.5 M) remained 5.8 million below its 50-day average volume of 35.2 M.

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