Why Intel Stock Was Slipping Today
Shares of Intel (NASDAQ: INTC) were falling today in response to news after hours on Friday that it would be removed from the Dow Jones Industrial Average and replaced by rival Nvidia.
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years.
As of 11:16 a.m. ET, shares of Intel were down 3.2% on the news.
Source Fool.com
Intel Corp. Stock
€78.19
-0.780%
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 78.19 € for Intel Corp., so the potential is actually -5.36%.
