Intel (INTC) Stock Tumbles Over 7%, Breaking Below Key $20 Level
NEW YORK, April 25 – Shares of semiconductor giant Intel Corp (NASDAQ: INTC) experienced a significant decline in morning trading today, falling sharply on the NASDAQ exchange.
As of 10:46 am GMT-4 on April 25th, Intel stock was trading at 19.87 USD. This represented a substantial drop of 1.62 USD, or 7.53 percent, for the trading session so far. The decline pushed the stock well below its previous closing price of 21.49 USD.
The downward pressure was evident from the start of the session. Intel shares opened at 19.73 USD. During the morning hours, the stock reached a high of 19.95 USD but also fell to a low of 19.34 USD. The current price near 19.87 USD reflects this negative momentum and the break below the psychological $20 threshold.
Other financial details accompanying the price action show that Intel currently offers a dividend yield of 2.52 percent. The Price to Earnings (P/E) ratio was not currently displayed.
Providing broader context, Intel’s stock price has fluctuated significantly over the past year. The 52 week high for INTC stands at 37.16 USD, while the 52 week low is recorded at 17.66 USD. Market capitalization information was also available for the chipmaker.
Investors are closely watching Intel’s performance as the stock navigates this period of volatility, with real time charts illustrating the intraday price movement.
