There was no shortage of big-name stock moves this week, with earnings releases ramping up and significant gains in some tech names.
Here are Investing.com’s stocks of the week:
Intel Despite rising for most of the shortened trading week, Intel reversed course on Friday, giving up those initial gains and more, down more than 17% as of 13:30 ET after the company’s guidance disappointed investors.
The company, whose stock price has recently surged thanks to fresh cash injections from major investors, including even the U.S. government, posted a net loss of $333 million for the final three months of its fiscal year, worse than Wall Street analysts had anticipated.
Executives flagged the impact of supply shortages caused by soaring demand from data centers, which house the chips that power cutting-edge AI models. For its first quarter, Intel said it now expects to slide to a loss of $0.21 per share.
“After gaining 150% over the TTM and nearly 50% since Jan 2, we believe Intel’s shares were poised for a pull-back in all but the most optimistic of scenarios, and while the company delivered a respectable upside to December expectations, its disappointing Q1 outlook provided more than enough reason for traders to sell shares aggressively,” wrote Benchmark analyst Cody Acree.
Abbott Abbott shares plunged more than 10% on Thursday and have declined a further 2.3% so far on Friday as investors reacted to its latest earnings release. Shares are down around 13.8% over the last week.
The company missed revenue expectations, with nutrition sales declining 8.9%, which the company attributed to lower sales volumes and strategic price actions intended to drive future volume growth. Its guidance also disappointed.
“The majority of the top-miss driven by the Nutrition business,” said Piper Sandler analyst Adam Maeder. “Medtech growth of +10.4% ex-fx was nothing to thumb your nose at, though bears will pick on the Q4 diabetes number, which came in lighter than we/Street modeled. The FY26 revenue guide was below expectations driven entirely by nutrition (from what we can tell).”
Qiagen Meanwhile, Qiagen shares surged, up over 13% in the last week, thanks to a more than 16% rally on Tuesday. It followed a Bloomberg report on Tuesday evening that indicated Qiagen is exploring strategic options.
The report said Qiagen is exploring strategic options, including a potential sale, following renewed takeover interest.
SanDisk SanDisk’s inclusion in our Stocks of the Week list has been a regular occurrence over the last few months, given its significant rally.
In the last week, it has surged a further 11.4%, with the demand for memory continuing. Other names such as Micron, Western Digital, and Seagate Technology have also experienced strong gains.
AMD Finally, AMD shares have performed well over the last week, climbing around 9.7%. The company’s stock price continues to benefit from the strong demand for artificial intelligence.
