Why Intel Stock Wilted on Wednesday

Motley Fool
2024.10.16 22:40
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Intel's stock fell 1.5% amid reports that Qualcomm is delaying its acquisition interest until after the presidential election for clarity on U.S.-China relations and antitrust concerns. This decline occurred while the S&P 500 rose by 0.5%. Both companies have not commented on the situation, and investors are advised against making trades based on potential merger developments.