Intel Corporation (INTC) is currently at $44.60, down $1.04 or 2.28%
-- Would be lowest close since June 5, 2019, when it closed at $44.55
-- Currently down four consecutive days; down 17.25% over this period
-- On Tuesday, Advanced Micro Devices Inc. agreed to buy rival chip maker Xilinx Inc. in a $35 billion deal, making it a more formidable competitor to larger rival Intel
-- Longest losing streak since July 31, 2020, when it fell for seven straight trading days
-- Worst four day stretch since the four days ending July 29, 2020, when it fell 20.41%
-- Down 13.87% month-to-date; on pace for worst month since July 2020, when it fell 20.22%
-- Down 25.48% year-to-date; on pace for worst year since 2008, when it fell 45.01%
-- Down 40.43% from its all-time closing high of $74.88 on Aug. 31, 2000
-- Down 21.20% from 52 weeks ago (Oct. 30, 2019), when it closed at $56.60
-- Down 34.86% from its 52 week closing high of $68.47 on Jan. 24, 2020
-- Would be a new 52 week closing low
-- Traded as low as $44.45; lowest intraday level since March 16, 2020, when it hit $43.63
-- Down 2.61% at today's intraday low
-- Fourth most active stock in the Nasdaq 100 today
-- Subtracted 6.84 points from the DJIA so far today
All data as of 10:35:09 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
10-28-20 1058ET