Shares of Intel fell 2.82% to $57.58 at 16:44 EST on Friday, after three consecutive sessions in a row of gains. NASDAQ Composite is falling 0.87% to $12,998.50, following last session’s downward trend, This seems, as yet, a somewhat negative trend trading session today.
Intel’s last close was $59.25, 20.34% below its 52-week high of $69.29.
Intel’s sales growth is a negative 13.5% for the ongoing quarter and a decline by 19% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 27.6% and a negative 35.2%, respectively.
Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 78.1B for the twelve trailing months.
Intel’s last day, last week, and last month’s average volatility was 4.04%, 2.61%, and 0.78%, respectively.
Intel’s last day, last week, and last month’s high and low average amplitude percentage was 3.98%, 3.74%, and 3.23%, respectively.
Intel’s Stock Yearly Top and Bottom Value
Intel’s stock is valued at $57.58 at 16:44 EST, way under its 52-week high of $69.29 and way above its 52-week low of $43.61.
Intel’s Moving Average
Intel’s value is way above its 50-day moving average of $50.21 and way higher than its 200-day moving average of $50.70.
Previous days news about Intel
Intel CEO bob swan is replaced by vmware’s pat gelsinger. According to Bloomberg Quint on Wednesday, 13 January, "Santa Clara, California-based Intel is scheduled to hold a board meeting on Wednesday."
Intel ousts chief executive bob swan. According to The Wall Street Journal on Wednesday, 13 January, "Mr. Gelsinger rejoins Intel where he was once the technology chief after serving as CEO of the business-software provider since 2012.", "Third Point Chief Executive Daniel Loeb in a December letter to Intel Chairman Omar Ishrak said the company’s woes could threaten the U.S. tech industry and urged the chip maker to consider alternatives, including selling some of its acquisitions and splitting its design and manufacturing operations-a move that would end Intel’s long-held status as America’s leading integrated semiconductor maker."
Intel is replacing CEO bob swan with vmware CEO pat gelsinger. According to Business Insider on Wednesday, 13 January, "After careful consideration, the board concluded that now is the right time to make this leadership change to draw on Pat’s technology and engineering expertise during this critical period of transformation at Intel," Omar Ishrak, independent chairman of the Intel board, said in the press release.", "Krzanich resigned after the company’s board discovered an affair between him and an Intel employee that began before he resumed his role as CEO and ended in 2013, according to the Wall Street Journal."
Intel goes back to roots with gelsinger to regain chip lead. According to Bloomberg Quint on Wednesday, 13 January, "As a former chip designer, Gelsinger understands the complex engineering that goes into Intel products. ", "After leaving Intel in 2009, Gelsinger joined data-storage provider EMC Corp., where he became a candidate to replace CEO Joe Tucci, who planned to retire. "
AMD gets a downgrade from BMO after Intel CEO change. According to MarketWatch on Thursday, 14 January, "At the same time, he upped his Intel price target to $70 from $50 while upgrading the stock to outperform from market perform. ", "However, we do think a large part of the rich valuation is also attributable to how poorly Intel has executed." He argued that the CEO change at Intel offers the chip giant an opportunity to make up for past missteps. "