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Why Intel Stock Pulled Back Today

TheMotleyFool

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Why Intel Stock Pulled Back Today: https://g.foolcdn.com/editorial/images/776509/chip-connected-to-some-circuits.jpg

Shares of Intel (NASDAQ: INTC) were sliding today after the U.S. revoked the company's license to sell chips to Huawei, the latest escalation in the ongoing tech cold war between the U.S. and China.

As of 12:48 p.m. ET on Wednesday, Intel stock was down 2.9% on the news.

Image source: Getty Images.

Source Fool.com

Intel Corp. Stock

The price for the Intel Corp. stock decreased slightly today. Compared to yesterday there is a change of -€0.245 (-0.830%).
Currently there is a rather positive sentiment for Intel Corp. with 26 Buy predictions and 12 Sell predictions.
As a result the target price of 40 € shows a positive potential of 36.57% compared to the current price of 29.29 € for Intel Corp..

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