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Here's Why GameStop, Intel And IBM Are Moving

January 22, 2021 8:59 am
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Here's Why GameStop, Intel And IBM Are Moving

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. 

Here’s why shares of GameStop, Intel and IBM are moving. 

GameStop Stock News

GameStop Corp. (NYSE:GME) shares are trading higher as the stock continues to gain momentum amid strong retail investor interest.

Intel Stock News

Intel Corporation (NASDAQ:INTC) shares are trading lower after the company reported fourth-quarter earnings results and issued 2021 guidance.

Wedbush maintains Intel with an Underperform and raises the price target from $48 to $53. Barclays maintains Intel as Underweight and raises the price target from $50 to $53.

IBM Stock News

IBM (NYSE:IBM) is trading lower after the company reported worse-than-expected fourth-quarter sales results.

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