Intel Up, But Off Last Night’s Highs (INTC)

Posted in after-hours, pre-market 
October 14th, 2009

Intel Corporation (NASDAQ: INTC) is surging this morning as a most active stock of big NASDAQ names.  You know that it beat earnings, raised guidance, and talked up even the higher-end of its product spread.  At 8:18 AM EST we have seen a gain of 4.5% at $21.41 on about 1.7 million shares.  This will be well above the 60 million shares on average probably by noon today.  Be advised taht Intel traded over 15 million shares last night after the earnings stock halt and it traded up as high as $21.90 from what we saw and from what day traders were telling us when they were trying to short sell at $22.00 without getting filled.

JON C. OGG

Comments are closed

-->