Intel Corp. Stock Rallies 11.3%, Outperforms Peers

Dow Jones04:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Intel Corp. jumped 11.3% to $91.13 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.7% to 7,437.63 and the Dow Jones Industrial Average rising 1.2% to 52,208.06.

The stock's rise snapped a six-day losing streak.

Intel Corp. closed 36.0% below its 52-week high of $142.35, which the company reached on June 30th.

The stock outperformed some of its peers, as NVIDIA Corp. rose 2.6% to $195.04, Broadcom Inc. rose 4.7% to $387.84, and Qualcomm Inc. fell 2.62% to $151.60.

Trading volume totaled 135.9 million, compared to the 50-day average of 124.4 million.

Data source: Dow Jones Market Data, FactSet

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