Intel (INTC) Down 15.8% Since Last Earnings Report: Can It Rebound?
Zacks Equity Research Sun, November 22, 2020, 12:30 AM GMT+8
It has been about a month since the last earnings report for Intel (INTC). Shares have lost about 15.8% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Intel due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.