Intel Corp (NASDAQ: INTC) faced headwinds in the stock market on Thursday, April 25th, ending the session with a notable decrease. Shares of the technology company settled at 20.05 USD at the close, according to market summaries. This closing figure represented a decline of 1.44 USD, translating to a significant 6.70 percent drop for the day.
The NASDAQ trading session concluded at 8:00 pm GMT-4. Following the formal close, Intel shares registered a small additional loss in after hours trading, indicated at 20.02 USD, a decrease of 0.030 USD or 0.15 percent.
Thursday’s trading pattern for Intel began with an opening price of 19.73 USD. The stock reached a maximum price of 20.18 USD during the session but also recorded a low of 19.34 USD. The finish well below the previous day’s close of 21.49 USD highlights the downward pressure experienced by the chipmaker’s stock.
From a valuation perspective, Intel’s market capitalization is listed as 8.74KCr. The Price to Earnings (P/E) ratio data was not present in the snapshot. Intel provides a dividend yield of 2.49 percent to its shareholders.
The recent closing price places Intel shares significantly off their annual peak. The stock’s 52 week high is 37.16 USD, while the 52 week low is 17.66 USD. This movement positions the stock closer to its yearly low, drawing attention from market participants in the United States technology investment community.
