Why Intel Stock Is Sinking Today
(NASDAQ: INTC) stock is falling in Tuesday's trading. The company's share price was down 4.9% as of 1:25 p.m. ET, and the S 500 and Nasdaq Composite had fallen 1.3% and 1.2%, respectively.
Intel and other tech stocks are getting hit with pullbacks today as investors digest potential headwinds created by the U.S. and Israel's war with Iran. Despite the sell-off, the semiconductor company's share price is still up roughly 17% year to date.
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Source Fool.com
Intel Corp. Stock
€98.28
-5.250%
Currently there is a rather positive sentiment for Intel Corp. with 32 Buy predictions and 26 Sell predictions.
However, we have a potential of -70.49% for Intel Corp. as the target price of 29 € is below the current price of 98.28 €.
