Why Intel Stock Wilted on Wednesday

It seems as if a monster buyout of the company isn't happening anytime soon. Intel (INTC -1.54%) wasn't having a great week, with fresh news sending its share price down yet again on Wednesday. The company's stock lost 1.5% of its value on a report that a potential suitor is apparently in waitand-see mode regarding an acquisition. That decline contrasted with the S&P 500 index's positive day, as that closely watched indicator rose by 0.5%. A rich suitor reportedly hesitates That suitor is fellow U.S. chipma ...