Intel On Pace for Lowest Close in Over a Year -- Data Talk

Intel Corporation (INTC) is currently at $44.60, down $1.04 or 2.28%

-- Would be lowest close since June 5, 2019, when it closed at $44.55

-- Currently down four consecutive days; down 17.25% over this period

-- On Tuesday, Advanced Micro Devices Inc. agreed to buy rival chip maker Xilinx Inc. in a $35 billion deal, making it a more formidable competitor to larger rival Intel

-- Longest losing streak since July 31, 2020, when it fell for seven straight trading days

-- Worst four day stretch since the four days ending July 29, 2020, when it fell 20.41%

-- Down 13.87% month-to-date; on pace for worst month since July 2020, when it fell 20.22%

-- Down 25.48% year-to-date; on pace for worst year since 2008, when it fell 45.01%

-- Down 40.43% from its all-time closing high of $74.88 on Aug. 31, 2000

-- Down 21.20% from 52 weeks ago (Oct. 30, 2019), when it closed at $56.60

-- Down 34.86% from its 52 week closing high of $68.47 on Jan. 24, 2020

-- Would be a new 52 week closing low

-- Traded as low as $44.45; lowest intraday level since March 16, 2020, when it hit $43.63

-- Down 2.61% at today's intraday low

-- Fourth most active stock in the Nasdaq 100 today

-- Subtracted 6.84 points from the DJIA so far today

All data as of 10:35:09 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 28, 2020 10:58 ET (14:58 GMT)

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