|Bid||35.72 x 1300|
|Ask||35.73 x 900|
|Day's Range||35.33 - 36.52|
|52 Week Range||24.59 - 40.07|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 26, 2023|
|Forward Dividend & Yield||0.50 (1.41%)|
|Ex-Dividend Date||Aug 04, 2023|
|1y Target Est||35.07|
Intel (INTC) announces its plans to spin off its Programmable Solutions Group segment, eyeing an IPO in two to three years. Yahoo Finance Live monitors Intel's stock action in early market trading. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Intel (INTC) announced that its Programmable Solutions Group will operate as a standalone business starting on January 1, 2024. The company says it will look to explore an IPO for the business and that it "may explore opportunities with private investors," with Intel retaining a majority stake. Sandra Rivera has been named CEO of the business. Yahoo Finance Live breaks down the announcement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Investors have had to deal with some tough times lately, and even the Dow Jones Industrial Average (DJINDICES: ^DJI) hasn't been immune to the forces acting on the stock market. On Wednesday morning, however, the Dow briefly saw a bit of a bounce, opening slightly higher after dealing with steep declines in recent days. The 30 companies in the Dow Jones Industrials are among the largest in the world, and you can find several tech stocks within the Dow.