Stock

Intel (INTC) Shares Power Higher: Stock Jumps Nearly 5% in Morning Trading

NEW YORK, USA – Intel Corp (NASDAQ: INTC) shares experienced a significant surge in early trading activity on April 28th, attracting considerable investor attention. The semiconductor giant saw its stock price climb sharply shortly after the market opened.

As of 10:09 AM EDT, Intel stock was trading at 20.99 USD. This marked a substantial gain of +0.94 USD, representing an impressive 4.68% increase for the day so far. This upward momentum built quickly from the previous day’s close of 20.05 USD.

Early session trading dynamics show INTC opening at 20.12 USD. The stock swiftly climbed, reaching an intraday high of 21.08 USD, while touching a low point that matched the previous close at 20.05 USD. The chart illustrates a strong upward spike in the initial hours of the trading session.

Key market data for Intel at this time includes:

  • Market Cap: 85.46 Billion USD
  • P/E Ratio: Currently listed as not applicable (-)
  • Dividend Yield: 2.38%
  • 52-Week High: 37.16 USD
  • 52-Week Low: 17.66 USD

The notable absence of a current P/E ratio often reflects recent earnings performance. Despite this, the strong dividend yield and the significant early trading gains indicate active interest in the chipmaker’s stock. Investors continue to monitor INTC’s performance as the trading day progresses.

Media Desk

johnshan is a financial journalist based in USA . He joined the mediahousepress.co.in news team in November 2022. He has more than two years experience covering Asian equity markets and foreign exchange. He previously wrote for Reuters news.

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