Intel (INTC) Stock Keeps Sinking: What Comes Next After Its Worst Month in 46 Years?
Photo: CoinCentral
TLDR Intel (INTC) closed at $59.97 on Nov. 2, down 8.80% after a 29% plunge on Oct. 30. October was Intel’s worst month since at least 1980, with a 45% loss. Chip and memory stocks have lost about $3.7 trillion in market value since Oct. 6. Intel guided Q4 adjusted EPS to $0.25, down from $0.52 in Q3. AMD reports Q3 results Tuesday after the bell, the same day as the midterm vote. Intel (INTC) stock closed at $59.97 on Monday, down $5.79 or 8.80%. It was up 2.58% in pre-market trading Tuesday at $61.52.
Source: CoinCentral
