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Sep 23, 2024 · Today's Change. (1.46%) $0.34. Current Price. $23.56. Price as of October 11, 2024, 4:00 p.m. ET. Is an institutional investor gearing up to make a big bet on Intel? Intel (INTC 1.46%) stock ...
- Why Intel Stock Popped Today - The Motley Fool
Intel stock closed up 3.3% on the news, after jumping as...
- Why Intel Stock Popped Today - The Motley Fool
Sep 20, 2024 · Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first broke. Qualcomm closed down 2.9% after sinking 6% earlier, showing Qualcomm investors didn't like the ...
- Jeremy Bowman
Aug 30, 2024 · Overall, this quarter could have been better. Intel is down 54.1% since the beginning of the year, and at $21.95 per share it is trading 56.8% below its 52-week high of $50.76 from December 2023 ...
Sep 20, 2024 · Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first broke. Qualcomm closed down 2.9% after sinking 6% earlier, showing Qualcomm investors didn't like the ...
- What Happened
- So What
- Now What
Shares of Intel (INTC1.48%)climbed on Tuesday after the semiconductor giant announced plans to take its Mobileye autonomous vehicle business public. As of 2:55 p.m. ET, Intel's stock price was up nearly 4%.
Intel acquired Mobileye in 2017. The Israel-based company is a leading provider of advanced driver assistance and self-driving technology. It has relationships with over 30 automakers and expects to generate revenue growth of more than 40% this year. "Mobileye has realized accelerated growth and opportunity since joining the Intel family, nearly tr...
Intel plans to maintain majority ownership of Mobileye following the completion of the IPO. The companies will continue to work together to develop cutting-edge automotive technologies. Intel will also integrate its Moovit mobility solutions business and its remote sensing and radar development teams into Mobileye prior to the IPO. Looking further ...
- Joe Tenebruso
Aug 19, 2024 · Intel stock has been hit hard lately due to poor business performance and uncertainty on the horizon. The company's share price is down 57% year to date, and investors have been looking for any ...
People also ask
Why did Intel stock rise 6% early?
Why did Intel's share price go up 31%?
Will Intel stock rebound?
Will Intel's stock get a boost?
Could Intel have been better this quarter?
Could Intel sell off its business?
Intel stock (INTC) popped 6% early on Sept. 17 after the chip maker announced plans to separate its foundry business into an independent unit with its own board and the ability to raise outside ...