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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