I was commenting on this though
> They bailed out Intel and the stock recovered.
I don’t think the stock (or the company) has recovered at all. Neither profits nor revenue (see my links above).
But hey, who knows what the future brings.
The bailout was in Aug 25 when INTC was < $25.
It closed today above $60.
That's a stock recovery.
I was very specific. I said stock. That's a recovery.
The bailout was in Aug 25 when INTC was < $25.
It closed today above $60.
That's a stock recovery.
I was very specific. I said stock. That's a recovery.