Stock Market Today, Jan. 9: Intel Surges After Trump Praises CEO Lip-Bu Tan and Touts U.S. Chip Leadership
Intel (NASDAQ:INTC), designer and manufacturer of microprocessors and related semiconductor products, rose 10.8% to $45.55 on Friday. Intel IPO'd in 1980 and has grown 13,893% since going public. Trading volume reached 182.5 million shares, doubling its three-month average of 91 million. Friday’s move followed comments from President Trump praising Intel and CEO Lip-Bu Tan. How the markets moved today The S&P 500 added 0.64% to finish at 6,966, while the Nasdaq Composite rose 0.81% to close at 23,671. W ...