Intel (INTC) closed at $22.34 on Thursday, 1.6% higher on the day.
Intel’s stock price has decreased 55.5% so far this year, less than the 12.4% advance registered by the overall Dow Jones Industrial Average (DJIA) index.
On Thursday, the DJIA fell by 0.3% to close at 42,374 points. The three leaders were Intel (INTC), Goldman Sachs (GS) and McDonald’s (MCD), while the three laggards were IBM (IBM), Honeywell (HON) and Verizon (VZ).
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-16-higher-on-thursday-202410242041