Intel (INTC) Stock Rebounds to Close Over 2% Higher After Volatile Session
Intel Corporation (NASDAQ: INTC) shares finished the trading day on April 28th in positive territory, successfully recovering from an intraday dip to post a solid gain. The semiconductor giant experienced significant price swings throughout the session before closing higher.
Market data indicates Intel stock concluded the main trading session at 20.51 USD. This represented an increase of 0.46 USD, or 2.29 percent, compared to the previous day’s closing price of 20.05 USD. The market officially closed at 7:59 pm GMT-4.
The trading day for Intel was marked by considerable volatility. After opening at 20.12 USD, the stock surged to an intraday high of 21.08 USD in the morning hours. However, it later faced selling pressure, falling back to touch a low of 20.05 USD, matching the prior close, before embarking on a steady recovery throughout the afternoon session, as visible on the intraday chart.
In after-hours trading following the close, Intel shares saw a slight pullback, trading down 0.070 USD (0.34 percent) to 20.44 USD.
Intel’s closing price of 20.51 USD positions it towards the lower end of its 52-week trading range. The stock has reached a 52-week high of 37.16 USD and touched a 52-week low of 17.66 USD.
Key financial metrics show Intel with a market capitalization of 8.35KCr. The company provides investors with a dividend yield of 2.44 percent. According to the available data, a Price to Earnings (P/E) ratio is not currently listed. Market participants continue to monitor Intel’s developments within the crucial semiconductor industry.
