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Why Intel Stock Pulled Back Today


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.

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Source Fool.com

Intel Corp. Stock

€19.94
9.670%
A very strong showing by Intel Corp. today, with an increase of €1.76 (9.670%) compared to yesterday's price.
Our community is currently high on Intel Corp. with 25 Buy predictions and 15 Sell predictions.
With a target price of 38 € there is a hugely positive potential of 90.59% for Intel Corp. compared to the current price of 19.94 €.
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