Shares of Intel are trading up 5.82% after reports from the WSJ that Qualcomm approached the company about a takeover in recent days.
The shares of Intel are down in 2024 from an end of year closing level of $50.25. The current price is up $1.23 or 5.82% at $22.37 in volatile trading . The low for the year reached $18.51 on September 10.
With Berkshire ridding itself of some of the Apple position and Bank of America and raising cash, would that be an idea too?
I am just thinking out loud. That is not substantiated but it might be interested in if they like the management and the plan.
This article was written by Greg Michalowski at www.forexlive.com.
