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Why Intel Stock Is Plummeting Today

TheMotleyFool 
0 0 10.04.25
Why Intel Stock Is Plummeting TodayPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/ad10ed87-71d0-4096-a50b-ba9470f8264b.png
 

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.

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Source Fool.com

Intel Corp. Stock

€88.62
-2.360%
We can see a decrease in the price for Intel Corp.. Compared to yesterday it has lost -€2.140 (-2.360%).
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 25 Sell predictions.
However, we have a potential of -21.01% for Intel Corp. as the target price of 70 € is below the current price of 88.62 €.
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