: Intel’s stock scores its hottest quarterly winning streak since 2010

Intel Corp. INTC shares rose for a fourth consecutive quarter Friday, giving the chip maker its longest quarterly winning streak in 13-and-a-half years. Intel shares rose 1.1% Friday to close at $35.55, for the stock’s fourth straight quarter of gains, its longest quarterly winning streak since the five-quarter streak ending with the first quarter of 2010, according to Dow Jones Market Data. Over the past 12 months, Intel shares have gained 34.8%, while the PHLX Semiconductor Index SOX has advanced 46.3%, the S&P 500 index SPX has gained 17.8%, and the tech-heavy Nasdaq Composite COMP has risen 23.1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post Federal judge declines to block Medicare drug price negotiations
Next post The Margin: Netflix officially ends DVD rentals. This is the movie inside the final red envelope.