Why Intel Stock Was Sliding Today
Shares of Intel (NASDAQ: INTC) were heading lower Monday, seemingly in response to an article published by The Wall Street Journal late Friday that detailed some of the challenges the company is facing. Additionally, a broader sell-off in tech stocks was weighing on the chipmaker Monday as the Nasdaq Composite index pulled back in response to rising Treasury yields.
As of 1:35 p.m. ET, Intel was down by 3.4%.
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Source Fool.com
Intel Corp. Stock
€80.46
1.800%
Our community is currently high on Intel Corp. with 47 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 74 € is below the current price of 80.46 € for Intel Corp., so the potential is actually -8.03%.
