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Pompano Beach, FL -- (SBWIRE) -- 01/29/2013 -- Semiconductor giant and one of the active runners of Tuesday trading session, Intel Corp. (NASDAQ:INTC) asserted that workers who were being presented with choice of “bring your personal devices” to work have not been putting money in laptops.
How Should Investors Trade INTC Now? Don’t Miss out a Special Trend Analysis
Rob Sheppard, business client product manager at Intel (INTC) in Europe, the Middle East and Africa (EMEA) has admitted that it wants to work harder to turn Ultrabooks a success enterprise environment and secure legacy devices from being shifted by tablets and smartphones.
Sheppard asserted that Intel's policy was to firstly aim towards the consumer market, but he accredited that the chip manufacturer wanted to work harder in the business segment as there were just a dozen enterprise-attuned gizmos.
So far today, Intel Corporation (NASDAQ:INTC) shares lost -0.05% to $21.04 while the stock is changing hands within a range of $21.01 – $21.17. In the past year, the stock has traded between $19.23 and $29.27. Its average daily trading volume is 49.35 million shares.
Why Should Investors Buy INTC After the Recent Fall? Just Go Here and Find Out
Looking at other stocks in the same industry, Integrated Device Technology, Inc., and STMicroelectronics and Intersil Corp are in the decliners list. Let’s have a quick look on their Market performance.
Integrated Device Technology, Inc. (NASDAQ:IDTI) shares are down -0.20% to $7.66 while the stock is trading within the range of $7.50 – $7.85 in the current trading session. In the last 12 months, shares have floated between $4.60 and $7.85. This stock, on average, has trading volume of 1.75 million shares.
Has IDTI Found The Bottom and Ready To Move Up? Find Out Here
In this session so far, STMicroelectronics N.V. (ADR) (NYSE:STM) shares moved down -0.82% reaching $8.42. The stock is trading in a range of $8.37 – $8.43. In the last year the stock has moved within a range of $4.51 – $8.61. The Company’s average daily trading volume is 1.46 million shares.
Will STM Bounce Back After yesterday’s Sharp Sell off? Find Out Here
Another rival company, Intersil Corp (NASDAQ:ISIL), is trending -1.21% lower to $8.96. The stock price is hovering in range of $8.88 to $9.05. In the previous 52 weeks, shares price ranged between $6.31 and $11.82. Their average daily trading volume is 838,447 shares.
Has ISIL Found The Bottom and Ready To Move Up? Find Out Here
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