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INTC Intel Corporation

30.91
0.40 (1.31%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 1.31% 30.91 30.50 31.07 31.055 30.70 30.98 36,789,464 05:00:11

TECH STOCKS: Apple Retreats On Last Day Before Stock Split

06/06/2014 10:03pm

Dow Jones News


Intel (NASDAQ:INTC)
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By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Tech stocks closed Friday with broad gains, as most the sector advanced along with the broader market and Apple Inc. prepared to for its first stock split in nine years.

While most leading tech stocks ended the week on a positive note, Apple (AAPL) actually fell by $1.78 a share at $645.57 after earlier reaching a 52-week-high of $651.26. On Monday, the iPhone maker will implement a 7-for-1 stock split, which will be the first time Apple has split its stock since 2005.

Amazon.com Inc. (AMZN) rose almost 2% to close at $329.67 a share as interest grew about invitations that Amazon sent to a company event on June 18. Speculation suggests Amazon may be about to launch its own smartphone.

Online professional-services referral company Angie's List Inc. (ANGI) climbed 11% to $11.21 a share. Bank of America Merrill Lynch analyst Paul Bieber on Friday raised his rating on the stock to buy from neutral after what he said was positive comments made by Chief Executive Bill Oesterie at a B. of A. tech conference.

Netflix Inc. (NFLX) edged up by $1.78 a share to close at $430.13 as the second season of the Internet video-streaming company's original series "Orange Is The New Black" made its debut Friday.

Other gains came from IBM Corp. (IBM), Yahoo Inc. (YHOO), Intel Corp. (INTC) and Microsoft Corp. (MSFT).

The Nasdaq Composite Index (RIXF) rose 25 points to close at 4,321, and the Philadelphia Semiconductor Index (SOX) edged into positive territory with a small gain.

More tech news from MarketWatch:

Apple's next big thing is its stock split

Amazon mimics Apple in hyping upcoming event

Microsoft tells feds to stop hacking data centers

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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