Intel stock dipped over 6% on Thursday after the market grew even more pessimistic over the chip giant’s plans for a new factory in Magdeburg, Germany.
shares shed 6.1% to close at $20.10 per share. Intel’s slump helped the Dow Jones Industrial Average lose 0.43% on the day, though other indices fared much worse. The S&P 500 lost 0.89%, while the NASDAQ compressed 1.67%. Traders seem a wee bit anxious ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium on Friday.
? There are a number of ways to trade the as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF . stocks thus providing exposure to the overall index. Intel stock chart Intel stock is now trading at a level it last touched in 2012. Undoubtedly, this is one of the worst periods for the stock this century. The monthly chart below that
Dowjones Technical Analysis Equities Supportresistance
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fourth-tier team Offenbach upsets second-division side Magdeburg in German CupFourth-tier club Kickers Offenbach knocked out second-division team Magdeburg with a 2-1 win in the German Cup. Alexander Sorge put Offenbach ahead in the first half and although Martijn Kaars equalized for the away side early in the second period, substitute Valdrin Mustafa secured the upset with a winner from close range in the 74th.
Read more »
Patriots HC Reveals Drake Maye's Odds to Play in Preseason DebutJerod Mayo gave some key intel for the New England Patriots' Thursday's game.
Read more »
EUR/GBP trades with mild losses below 0.8600 as UK economy expands 0.6% QoQ in Q2The EUR/GBP cross weakens near 0.8565 on Thursday during the early European session on Thursday.
Read more »
Is Intel Stock a Discounted Buy or a Hidden Pitfall?Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, Adobe Systems Incorporated, NVIDIA Corporation, Advanced Micro Devices Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »
Intel’s 29% Nosedive Leads Massive Global Chip Stock Selloff As AI Hype SoursRobert Hart is a senior reporter for Forbes covering science, technology and health with a frequent focus on artificial intelligence, space, weight loss drugs and emerging technologies. He joined Forbes in 2020 and is based in London. Rob has covered everything from the billionaire space race, the health impacts of overturning Roe v.
Read more »
Jim Cramer makes stock calls on surging DoorDash, tanking Intel, and 2 othersJim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
Read more »