Friday's slide leaves Intel traders hoping for a bounce

Published: March 19 2023, 12:25 GMT+0

Friday's slide leaves Intel traders hoping for a bounce

Friday at a glance: during Friday's session, Intel toiled and struggled for upward momentum before closing at $29.81. By the close, the the hardware manufacturer suffered a 37 cents or 1.23% loss.

Intel was not the only decliner in the technology sector; Accenture plc Class A (Ireland) stumbles 1.15% Friday to close at $252.92.

On the other hand, positive performances could be seen by looking at other technology stocks as Microsoft traded at $279.43 after closing Friday's trading day at $276.2 (up 1.17%). Adobe traded at $358.14 after closing Friday's trading day at $353.29 (up 1.37%).

Intel hit a significant low of $24.9 around 20 days ago, but has since recovered 21.2%.

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