Intel Corp (NASDAQ: INTC) stock experienced a significant decline during Thursday’s trading session

Shares of the semiconductor giant finished the day at 20.05 USD on April 25th, according to market data. This represents a substantial drop of 1.44 USD, equating to a 6.70 percent decrease for the session.

Intel Corp (NASDAQ:INTC) stock price slipped on Thursday, closing deep in negative territory as the semiconductor giant’s shares finished the day at 20.05 USD.

This reflects a significant drop of 1.44 USD, or 6.70 percent, for the session, which officially closed at 8:00 pm GMT-4. In subsequent after hours trading, Intel shares saw a minor additional dip, trading at 20.02 USD.

This reflected a further decrease of 0.030 USD, or 0.15 percent, from the day’s closing price.

Opening below its previous close at 19.73 USD, Intel’s shares reached an intraday high of 20.18 USD and a low of 19.34 USD.

The closing price of 20.05 USD was substantially lower than the previous day’s close of 21.49 USD, indicating strong selling pressure throughout the session.

Key financial data for Intel includes a market capitalization listed as 8.74KCr. The Price to Earnings (P/E) ratio was not available.

Intel currently offers shareholders a dividend yield of 2.49 percent.

Thursday’s closing price positions Intel shares closer to the lower end of their annual performance range.

The stock’s 52 week high is recorded at 37.16 USD, while the 52 week low stands at 17.66 USD.

The notable drop in Intel’s stock price contributes to broader trends observed in the United States technology sector and the wider financial markets.