Intel Down Over 9% After 1Q Earnings, FY19 Forecast Cut -- Data Talk

Intel Corp. (INTC) is currently at $52.16, down $5.46 or 9.47%

-- Would be lowest close since Feb. 21, 2019, when it closed at $51.41

-- On pace for largest percent decrease since Sept. 29, 2008, when it fell 10.05%

-- On Thursday, Intel reported that its first-quarter revenue of $16.1 billion was roughly in line with expectations of analysts surveyed by FactSet. Adjusted earnings of 89 cents a share were slightly higher than forecasts of 87 cents a share

-- The company now expects earnings of $4.14 a share for full-year 2019 on revenue of $69 billion, lower than the $4.35 a share in profit on $71.5 billion in revenue it forecast three months ago

-- Currently down five of the past six days

-- Currently down four consecutive days; down 11.33% over this period

-- Longest losing streak since March 8, 2019, when it fell for four straight trading days

-- Worst four day stretch since the four days ending Nov. 19, 2008, when it fell 13.44%

-- Down 2.88% month-to-date; on pace for worst month since December 2018 when it fell 4.83%

-- Up 11.13% year-to-date

-- Down 30.34% from its all-time closing high of $74.88 on Aug. 31, 2000

-- Down 1.09% from 52 weeks ago (April 27, 2018), when it closed at $52.73

-- Worst performer in the DJIA today

-- Worst performer in the S&P 500 today

-- Second most active stock in the S&P 500 today

-- Worst performer in the Nasdaq 100 today