Massive News for Intel Stock Investors

By Parkev Tatevosian, CFA – May 11, 2024 at 4:32AM

NASDAQ: INTC

Intel

Market Cap

$134B

Today's Change

(-1.01%) -$0.32

Current Price

$31.42

Price as of May 22, 2024, 4:00 p.m. ET

Intel was hit with more bad news that has enormous implications for investors.

Fool.com contributor Parkev Tatevosian evaluates the latest news and what it could mean for Intel (INTC -1.01%) stock investors.

*Stock prices used were the afternoon prices of May 8, 2024. The video was published on May 10, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.