Intel's share price dropped significantly, raising concerns about its removal from the Dow Jones Industrial Average.
Intel's share price has dropped nearly 60% this year, making it the worst performer on the Dow Jones Industrial Average and raising concerns about its removal from the index. As a long-standing member since 1999, its exit could further damage its reputation and market value, which has fallen below $100 billion. Potential replacements include Nvidia and Texas Instruments, though Nvidia's volatility may not suit the Dow's preference for stable stocks.
September 03, 2024
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