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
€40.84
6.950%
Based on 20 Buy predictions and 19 Sell predictions the sentiment towards Intel Corp. is rather balanced.
On the other hand, the target price of 29 € is below the current price of 40.84 € for Intel Corp., so the potential is actually -28.98%.
