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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

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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…

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