Why Intel Stock Is Falling and Hit a New 10-Year Low Today
INTCIntel(INTC) The Motley Fool·2024-09-07 03:13

Investors are facing concerning economic indicators, and new reports are making it harder to guess what Intel's turnaround strategy will be.Intel (INTC -2.29%) stock is sinking again in Friday's trading. The chip company's share price was down 2.1% as of 3:10 p.m. ET, according to data from S&P Global Market Intelligence.Following disappointing August jobs numbers released the U.S. Labor Department today, the stock market is seeing an uptick in bearish sentiment -- and Intel is part of the pullback. Recent ...