Why Intel Stock Is Plummeting Today
Shares of Intel (NASDAQ: INTC) are falling on Thursday. The chipmaker's stock had lost 8.7% as of 12:20 p.m. ET. The drop comes as the S 500 and Nasdaq Composite both lost more than 5%.
Intel's stock is feeling pressure from the ongoing trade war with China as well as a Reuters report today that revealed its new CEO has extensive business ties in the country, raising concerns of a potential conflict of interest.
Source Fool.com
Intel Corp. Stock
€31.07
1.120%
Currently there is a rather negative sentiment for Intel Corp. with 14 Buy predictions and 19 Sell predictions..
This results in a negative potential of -25.97% based on a current price of 31.07 € and a target price of 23 € for the stock.
