These days, it is fairly simple to predict Intel's stock price trajectory: the stock is down on an otherwise up day, and it is down on a generally red day. This chronic underperformance, which has seen Intel shares sink around 60 percent so far this year, is now likely to deprive the stock from a key source of passive inflows: the Dow Jones Industrial Average (DJIA) index. To wit, Reuters is now reporting that Intel is likely to get booted off the Dow Jones index. Bear in mind that the DJIA rebalances quarterly, when stocks are added or removed systematically […]
Read full article at https://wccftech.com/intel-likely-to-get-booted-from-the-dow-jones-industrial-average-djia-owing-to-the-stocks-60-percent-loss-this-year/
WccftechContinue reading/original-link]
