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%.
Image source: Getty Images.
Source Fool.com
Intel Corp. Aktie
18,08 €
-5,69 %
Intel Corp. wird von der Community leicht favorisiert: Mehr Buy- als Sell-Einschätzungen.
Für Intel Corp. prognostiziert die Community ein Kursziel von 38 €, was eine erhebliche Steigerung gegenüber dem aktuellen Kurs von 18.08 € bedeutet.
