Why Intel Stock Was Slipping Today
Intel's removal from the Dow doesn't really impact the business, but it will lead exchange-traded funds (ETFs) that track the Dow to sell the stock when the Dow makes the switch on Nov. 8. That's not as significant as being removed from the S&P 500 since not as many ETFs follow the Dow, but it still leads to greater supply and less demand.
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Intel stock has gained close to 14% over the last week, as it became clear that Donald Trump would be elected to the U.S. presidency.
Despite today’s bump in stock price, Intel’s stock is still trading down 55% year-to-date and has lost almost 60% of its ...
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Why the Intel Stock Recovery Is a Slow ProcessIntel (INTC) has faced a challenging year, with its shares down over 53% year-to-date, significantly underperforming the ...
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