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Here's How Much Intel Stock Is Expected to Move After Earnings [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel's next earnings report is due out after the closing bell Thursday, with traders expecting a big move from the chipmaker's stock after the results. Some analysts are expecting the chipmaker to beat consensus estimates, though rising memory costs could squeeze profits. Intel is set to report earnings after the closing bell Thursday, with the chipmaker's stock seen potentially swinging to its highest level in decades following the results. Based on current options pricing, traders see Intel ( INTC ) stock swinging up to 9% in either direction by the end of the week. A move of that magnitude from Tuesday's close could lift shares to $72, their highest level in more than 25 years. The low end of that range would be around $60, giving up some of their recent gains. Intel stock has been on a tear this year , surging roughly 80% after a string of high-profile deals , and as tech stocks rallied broadly recently as investors grew more optimistic about an end to the war in Iran.
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