Intel: A Series Of (Suspiciously) Fortunate Events (Rating Downgrade)

Intel Corporation ( INTC ) is back in the market’s good graces. The stock closed up around 6.5% on Wednesday at $42.6, briefly touching the $44.5 all-time high in intraday trading. The stock is down over 3.7% on Thursday, however, as investors digest theI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, ...