Why Is Intel Stock Down on Monday?
In a just-breaking development, Bloomberg reports the Trump administration may take a 10% stake in (NASDAQ: INTC) -- which perversely is down 3.9% on the news, at least as of 12:35 p.m. ET.
Probably not the reaction that either the Trump administration or Intel itself anticipated.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€76.22
-2.520%
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 76.22 € for Intel Corp., so the potential is actually -2.91%.
