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Intel Shares Soar; JetBlue Rises; Allbirds Pivots to AI
Published 2 weeks, 1 day ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intel (INTC) shares leaped to their highest intraday level since the dot-com era on Friday as optimism that the chipmaker’s turnaround plan is working continues to grow.
- JetBlue (JBLU) shares advance after Seaport Global Securities upgraded the airline to buy from neutral, highlighting the benefits to Spirit Aviation being at risk of liquidation.
- Allbirds (BIRD), the once-buzzy maker of wool sneakers valued at more than $4 billion in its heyday, announced a new business plan just days before it was set to close down for good: AI computing infrastructure.
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