NASDAQ Composite ended the session with Intel rising 2.4% to $49.92 on Thursday while nASDAQ Composite slid 0.06% to $12,862.23.

Intel today’s close was $49.92, 38.80% below its 52-week high of $69.29.

Intel’s Sales

Intel’s sales growth is a negative 13.7% for the present quarter and a decline by 18.8% 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.

Intel’s Revenue

Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 78.1B for the twelve trailing months.

Volatility

Intel’s last day, last week, and last month’s average volatility was a negative 1.31%, a positive 1.11%, and a positive 0.03%, respectively.

Intel’s last day, last week, and last month’s high and low average amplitude percentage was 1.30%, 3.13%, and 2.78%, respectively.

Intel’s Stock Yearly Top and Bottom Value

Intel’s stock is valued at $49.92 at 16:04 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 above its 50-day moving average of $48.11 and under its 200-day moving average of $51.20.

Previous days news about Intel

Intel pushed to explore options by activist investor loeb. According to Bloomberg Quint on Tuesday, 29 December, "Dan Loeb, chief executive officer of Third Point, called for action to improve Intel’s performance and asked the company to hire an adviser to evaluate options, according to a letter the investor wrote to Intel Chairman Omar Ishrak."

Activist fund third point asks Intel to explore strategic alternatives. According to Business Insider on Tuesday, 29 December, "The fund has asked Intel to consider whether to divest or outsource its manufacturing capacity. ", "In a statement, Intel said it would work with Third Point on its ideas to increase shareholder value."

Third point calls on Intel to explore strategic alternatives. According to The Wall Street Journal on Tuesday, 29 December, "In a letter Tuesday to Intel Chairman Omar Ishrak, Third Point Chief Executive Daniel Loeb said Intel’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.", "Third Point’s demands follow years of engineering struggles at Intel and growing competitive pressure from rivals that outsource their chip manufacturing to factories in Asia-including Nvidia Corp. , which surpassed Intel in market capitalization in 2020. "

Intel gets some needed cover. According to The Wall Street Journal on Wednesday, 30 December, "But his suggestion that Intel engage a "reputable investment advisor" to help it evaluate whether it should even remain an integrated chip manufacturer could add to the problem, as the most natural buyers for Intel’s manufacturing operations are all overseas. ", "But Mr. Loeb also called on Intel to evaluate the "potential divestment of certain failed acquisitions," which might prove to be more helpful in the meantime. "

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