Intel Surges as MaxLinear Jumps; P&G Beat
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Intel (INTC) shares are surging and set to open at record highs after the chipmaker gave a second-quarter forecast that was much stronger than expected. It also posted first-quarter results that beat expectations. Analysts said the report is evidence the company is making progress with its turnaround, validating the stock’s strong year-to-date gains. - MaxLinear (MXL) is also surging after the semiconductor company’s first-quarter results and second-quarter revenue forecast were both better…
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