Why Intel Stock Jumped Today

Is an institutional investor gearing up to make a big bet on Intel?Intel (INTC 3.30%) stock gained ground Monday following reports that Apollo Global Management is interested in making a big investment in the company. The semiconductor specialist's share price closed out the daily session up 3.3%. Shares had been up as much as 4.5% earlier in the day.On Sunday, Bloomberg published a report stating that Apollo was interested in investing as much as $5 billion in Intel. The news followed reports published las ...