SANTA CLARA, CA – April 25 – Intel Corporation (NASDAQ: INTC) experienced a difficult trading day on Thursday, with its stock price falling substantially. Shares of the semiconductor powerhouse closed the session at 20.05 USD, reflecting a significant decrease of 1.44 USD, or 6.70 percent.
Trading on the NASDAQ exchange saw Intel open the day at 19.73 USD. The stock navigated a volatile path, reaching a high of 20.18 USD but also dipping to a low of 19.34 USD before settling near the day’s end. This closing price was considerably below the previous session’s finish of 21.49 USD, indicating strong selling activity. The regular market session concluded at 8:00 pm GMT-4. In after-hours trading, the stock showed minimal change, trading at 20.02 USD, down a further 0.030 USD (0.15%).
The intraday chart reveals a session marked by early lows and an inability to sustain significant upward momentum, ultimately closing just above the psychologically important 20 USD level. This positions the stock much closer to its 52-week low of 17.66 USD than its 52-week high of 37.16 USD.
Key financial statistics for Intel reported today:
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Market Cap: 8.74KCr
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P/E Ratio: – (Indicating negative earnings per share)
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Dividend Yield: 2.49%
The notable 6.70% decline underscores a challenging period for Intel stock, drawing attention from market observers trying to pinpoint the drivers behind the negative sentiment impacting the prominent chip manufacturer.
