Weekly Roundup: Intel's Stock Meltdown, Gas Stocks Higher, BitGo Slides
On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners:- Intel (INTC)’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company. Though Chief Executive Officer Lip-Bu Tan managed to win the president’s confidence and save his own reputation in Washington, turning around his company is proving more arduous. Intel’s shares plunged Friday, tumbling as…
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