Shares of Intel Corp.
rallied 3.14% to $53.90 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Intel Corp. closed $14.59 below its 52-week high ($68.49), which the company reached on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp.
rose 3.85% to $217.46, Texas Instruments Inc.
rose 2.88% to $192.49, and Qualcomm Inc.
rose 2.90% to $128.66. Trading volume (25.8 M) eclipsed its 50-day average volume of 19.0 M.