US Stock Market Move | Stock price continues to decline! Intel Corporation (INTC.US) fell by 5%.
Following last Friday's 17% drop in stock price, on Monday, Intel (INTC.US) continued to fall, dropping another 5% to $42.81.
After a 17% drop in share price last Friday, on Monday, Intel Corporation (INTC.US) continued its downward trend with a further 5% decline, closing at $42.81. In terms of news, Intel Corporation recently forecasted that in the first quarter of 2026, revenue will fall between $11.7 billion and $12.7 billion, with adjusted earnings per share approaching breakeven. This forecast is significantly lower than market expectations. According to LSEG data, Wall Street originally predicted earnings per share of around $0.05 and revenue of $12.51 billion for Intel Corporation in the first quarter.
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