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

Could recent developments in Venezuela be significant for Intel?Intel (INTC 0.04%) 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. Intel stock initially posted big gains on geopolitical newsOver the weekend, U.S. military forces carried out an operation to remove V ...