Hewlett Packard Enterprise Rises, Intel Drops, Barrick Mining Falls Most Since March as Newmont Deal Value Disappoints
On this episode of Stock Movers: - Hewlett Packard Enterprise (HPE) shares rise. Morgan Stanley analyst Erik Woodring raised the recommendation on Hewlett Packard Enterprise Co. to overweight from equal-weight. Investors who followed Woodring's recommendation received a 5.2% return in the past year, compared with a 166% return on the shares. - Intel (INTC) shares drop. Intel said it will be offering $15 billion in common stock, taking advantage of renewed interest in its business prospects during the artificial intelligence data center boom. The money will be used for general corporate…
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