“Intel has worst day on Wall Street in 50 years, falls to lowest price in over a decade” [Aug 2 2024]
August 6, 2024
“…The stock plummeted 26% to $21.48 at the close. It was the second worst day ever for the shares, behind only a 31% drop in July 1974, which was three years after Intel’s IPO. The company’s market cap is now below $100 billion.
The dramatic selloff contributed to a 2.4% drop in the Nasdaq and pulled down global semiconductor stocks…”