During the CNBC Investing Club's Morning Meeting on Wednesday, Jim Cramer weighed in on the stock moves of Intel, Cal-Maine and more.
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Intel : Shares fell more than 6% after the chipmaker disclosed that its manufacturing business lost $7 billion in 2023, a wider loss than the prior year. "I was not in favor of that," Jim Cramer said.
SoFi Technologies : Analysts at Needham initiated coverage of SoFi Technologies with a buy rating and $10-per-share price target. Shares of the financial technology company added about 3%. "This was a very affirmative piece about what Anthony Noto is doing," Cramer said. Cal-Maine Foods , Tyson Foods : "Eggs are doing better, and by the way Tyson is really good. … Feed costs are going down. At the same time, haven't lowered the price of chickens.
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