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INTC Sep 2024 42.000 call

OPR - OPR Delayed price. Currency in USD
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0.01000.0000 (0.00%)
At close: 02:50PM EDT
Full screen
Previous close0.0100
Open0.0100
Bid0.0000
Ask0.0100
Strike42.00
Expiry date2024-09-20
Day's range0.0100 - 0.0100
Contract rangeN/A
Volume681
Open interest21.02k
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    Intel shares jumped on Friday following a Bloomberg report that the company is exploring various options to help improve its business, including a potential breakup.  KeyBanc Capital Markets equity research analyst John Vinh says investors have concerns about whether or not Intel can succeed as a service foundry, so spinning that business off would be "a step in the right direction" and likely be looked upon favorably. When it comes to CEO Pat Gelsinger, Vinh thinks he has done a "good job" managing the company, but that "results have been disappointing, for a multitude of reasons. I don't know how much of that you can attribute to Pat." "Time is running out" for Gelsinger, Vinh says, with investors growing concerned that Gelsinger may not be the right leader for the company.  Watch the video above to hear why Vinh says Intel is lagging rivals when it comes to AI.  For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.