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Why Are Shares of Intel Stock Crashing After Earnings?

TheMotleyFool 
0 0 02.08.24
Why Are Shares of Intel Stock Crashing After Earnings?: https://g.foolcdn.com/editorial/images/785632/intel-cube-in-front-of-intel-headquarters-with-logo-on-front_intel.jpg
 

In this video, I will go over 's (NASDAQ: INTC) second-quarter earnings report. This was a bad quarter, and guidance for the next quarter fell well below analysts' expectations.

*Stock prices used were from the trading day of Aug. 1, 2024. The video was published on Aug. 1, 2024.

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Source Fool.com

Intel Corp. Stock

€18.05
-4.030%
Heavy losses for Intel Corp. today as the stock fell by -€0.758 (-4.030%).
Currently there is a rather positive sentiment for Intel Corp. with 22 Buy predictions and 16 Sell predictions.
Based on the current price of 18.05 € the target price of 38 € shows a potential of 110.55% for Intel Corp. which would more than double the current price.
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