Intel on Pace for Largest Percent Decline Since January 2016 After 2Q Earnings Report -- Data Talk
July 27 2018 - 11:56AM
Dow Jones News
Intel Corporation (INTC) is currently at $47.80, down $4.36 or
8.36%
-- Would be lowest close since Feb. 23, 2018 when it closed at
$47.73
-- On pace for largest percent decrease since Jan. 15, 2016 when
it fell 9.1%
-- Earlier Friday, five companies cut Intel's price target,
Benzinga reported
-- On Thursday, the company's total earnings, revenue and
outlook topped Wall Street estimates but quarterly revenue growth
at its fastest growing segment came in below estimates
-- Currently down three of the past four days
-- Worst performer in the DJIA today
-- Fourth worst performer in the S&P 500 today
-- Worst performer in the Nasdaq 100 today
-- Subtracted 29.56 points from the DJIA so far today
All data as of 11:10:04 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 27, 2018 11:41 ET (15:41 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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