Intel Corp. shares surged 30% over five days, fueled by the company’s new CEO, Lip-Bu Tan. Despite this recent rally, the stock remains below its year-to-date highs set in February, when investors expected an imminent breakup of the company. The announcement of Tan as the new CEO came after market close on Wednesday.
Source: https://www.marketwatch.com/story/intels-stock-is-on-a-five-day-hot-streak-but-its-still-below-last-months-highs-3cd74dcc