Intel (INTC) closed at $23.32 on Tuesday, 4.20% higher on the day.
Intel’s stock price has decreased 53.6% so far this year, well below the 11.22% advance registered by the overall Dow Jones Industrial Average (DJIA) index.
On Tuesday, the DJIA was broadly unchanged to close at 42,080.37 points. The three leaders were Intel (INTC), Salesforce (CRM) and Travelers (TRV), while the three laggards were Dow (DOW), Caterpillar (CT) and American Express (AXP).
Back to Intel, its latest earnings report from fiscal Q2 showed that earnings per share (EPS) were at $0.02. Revenue, meanwhile, stood at $12.83 billion.
The next earnings report for Intel will be published on October 31.
Analysts expect Intel’s earnings per share to come in at $-0.03 for Q3, while revenue is seen at $13.04 billion.
(An automation tool was used in creating this post.)
Source: https://www.fxstreet.com/news/intel-stock-closes-42-higher-on-tuesday-202410082040