SANTA CLARA, CA – April 25 — Intel Corporation (NASDAQ: INTC) shares closed Thursday’s session sharply lower, highlighting growing investor concern. The stock finished at $20.05, down $1.44 or 6.70%, marking a steep decline.
Intel opened the day below its previous close, starting at $19.73. Despite reaching an intraday high of $20.18, persistent selling pressure drove shares to a low of $19.34 before settling just above $20. In after-hours trading, the stock edged slightly lower to $20.02 (-0.15%).
This decline pushes Intel closer to its 52-week low of $17.66, and significantly below its 52-week high of $37.16. The intraday trading chart showed little upward momentum, with shares closing near the session’s low.
Key Financial Metrics:
- Market Cap: 8.74K Cr
- P/E Ratio: Negative (indicating trailing losses)
- Dividend Yield: 2.49%
The sharp drop in INTC shares highlights a tough session for the semiconductor giant. Such moves typically lead investors to reassess their exposure and examine both company-specific challenges and broader sector dynamics.
