Intel surges, Starbucks cools off, Equinix CEO departs

Let’s check out the Yahoo Finance charts of the day.

Intel (INTC): Shares surging higher in early trading, up 7%. The chipmaker beat on earnings and offered 2018 profit and revenue guidance that topped expectations, as well as upped its dividend by 10%. Intel said strong data center sales lifted results.

Starbucks (SBUX): Have we reached peak pumpkin spice latte? Shares sliding in midday trading, around 5%. (VO) The world’s largest coffee chain reported revenue and same store sales that missed the mark, citing weak sales of holiday drinks.

Equinix (EQIX): Shares of the data center REIT dropping off in early trading, down around 1%. In a shock to Silicon Valley, CEO Steve Smith resigned Thursday night, after what the company called “poor judgment with respect to an employee matter.” Smith had been with the company for 11 years.

For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.

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