Closing Bell: Nike Slips, Target Hospital Soars, Intel Jumps
On this episode of Stock Movers: - Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story.- Target Hospitality (TH) shares rise as much as 43%, the most intraday since April 2021, after the provider of workforce lodging and hospitality services secured a multi-year contract worth over $550 million to construct and provide comprehensive facility and hospitality services for a top-five hyperscaler’s data center development in…
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