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Why Intel Stock Is Gaining Today

TheMotleyFool 
0 0 24.04.26
Why Intel Stock Is Gaining Today: https://g.foolcdn.com/editorial/images/866957/gettyimages-1292531161.jpg
 

(NASDAQ: INTC) stock closed out Thursday's trading solidly in the green despite bearish momentum for the broader market. The company's share price ended the day up 2.3% and had been up as much 4.6% earlier in trading. Meanwhile, the S 500 closed out the day down 0.5%, and the Nasdaq Composite was down 0.9%.

Even though the broader market was hit with bearish pressures today connected to valuation concerns in the tech sector, Intel managed to post solid gains thanks to news that could be using one of the company's next-generation chip fabrication processes.

Image source: Getty Images.

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Source Fool.com

Intel Corp. Stock

€102.76
0.040%
With only a change of €0.040 (0.040%) the Intel Corp. price is nearly unchanged from yesterday.
Our community is currently high on Intel Corp. with 29 Buy predictions and 26 Sell predictions.
On the other hand, the target price of 25 € is below the current price of 102.76 € for Intel Corp., so the potential is actually -75.67%.
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