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Intel stock gains after early release of earnings – MarketWatch
Chip maker drops fourth-quarter numbers before the end of trading session, stock jumps more than 6% before the close
Intel Corp.s stock rallied to close higher in the last minutes of trading Thursday after the chip maker unexpectedly released quarterly results before the end of the trading session.Intel
INTC,
+6.46%
shares rallied to close up 6.5% at $62.46 after releasing holiday sales and an outlook that beat expectations, and slipped 2% in after-hours activity. The chip maker reported fourth-quarter net income of $5.86 billion, or $1.42 a share, compared with $6.91 billion, or $1.58 a share, in the year-ago…
