Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Intel Stock Dropped 13% in February

TheMotleyFool

0 0

Shares of Intel (NASDAQ: INTC) lost 13.2% last month, according to data provided by S&P Global Market Intelligence. Intel delivered strong quarterly earnings results at the end of January, but the broad market sell-off caused by the outbreak of COVID-19 sent the shares down in late February.

Intel recently said that the impact from the virus has been "modest," but supply for PC chips has been tight, so executives believe the virus wouldn't have had a big impact anyway.

Image source: Getty Images.

Source Fool.com

Like: 0

INTC

Share