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Closing Bell Movers: Intel jumps 9% on chip pact with Amazon

Check out this evening’s top movers from around Wall Street, compiled by The Fly.  

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HIGHER AFTER EARNINGS –

  • High Tide (HITI) up 4.1%

ALSO HIGHER –

  • Intel (INTC) up 8.6% after announcing AWS strategic collaboration, additional $7.8B investment from Amazon (AMZN), forming  Intel Foundry as independent subsidiary
  • I-Mab (IMAB) up 5.7% after presenting Phase 1 Givastomig data at ESMO
  • Mobileye (MBLY) up 2.1% as Intel does not mention rumored sale as part of organizational update
  • Microsoft (MSFT) up 0.6% after announcing $60B stock buyback, raising dividend 10%

DOWN AFTER EARNINGS –

  • Vince Holding (VNCE) down 5.6%
  • Box (BOX) down 2.4% after convertible debt offering

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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