Major U.S. indices closed Thursday lower, with the Dow Jones Industrial Average falling 0.36% to 49,310.32, the S&P 500 slipping 0.41% to 7,108.40 and the Nasdaq dropping 0.89% to 24,438.50.
These are the top stocks that gained the attention of retail traders and investors through the day:
Intel Corporation (NASDAQ:INTC)
Intel’s stock climbed 2.31% to close at $66.78, with an intraday high of $68.28 and a low of $65.42. The stock remains below its 52-week high of $70.33 but significantly above its low of $18.97. In the after-hours trading, the stock shot up nearly 20% to $80.10.
Intel reported a remarkable first quarter, with earnings of 29 cents per share, surpassing expectations. Revenue reached $13.58 billion, exceeding estimates by 9.28%. CEO Lip-Bu Tan highlighted the growing demand for Intel’s CPUs and advanced packaging offerings.
Intel guided for second-quarter adjusted EPS of 20 cents on revenue of $13.8 billion to $14.8 billion, beating estimates of 9 cents and $13.07 billion.
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