Intel Stock: One Thing Stands Between It and Another 11% Decline

Shares of Intel  (INTC) – Get Intel Corporation (INTC) Report are getting hit on Friday in a high-volume selloff.

The stock is down more than 11% this afternoon on what’s looking like Intel’s highest-volume session since January.

With the stock’s post-earnings decline, the shares are within pennies of making new 2021 lows.

While Intel beat on earnings expectations, revenue results disappointed investors. Further, the company’s outlook was a disappointment as well.

Given the reaction…

Read More