Why Intel Stock Initially Surged Today but Has Given Up Most of Its Gains

Intel (NASDAQ: INTC) stock rocketed higher early in Monday's trading, but it has since given up nearly all of those gains. The company's share price was flat as of 3:20 p.m. ET. Meanwhile, the S&P 500 and the Nasdaq Composite were both up 0.6%. Intel stock had been up as much as 6.9% earlier in the day's trading. Image source: Getty Images.Over the weekend, U.S. military forces carried out an operation to remove Venezuelan President Nicolás Maduro from power. While that may not seem particularly significant for Intel stock, it's a development that could have significant implications for the company's foundry business. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool